Judgement

Court holds bank guarantee cannot be released until outstanding licence fee dues are fully discharged.

High Court Denies Bank Guarantee Release Amid Outstanding Excise Licence Dues

News

The CGST and Central Excise Commissionerate reduced the penalty from Rs 36.14 crore to Rs 7.57 crore levied on Tata Teleservices (Maharashtra) over irregular or ineligible CENVAT credit availment.

GST Dept Reduces Penalty Imposed on Tata Teleservices (Maharashtra) from Rs 36.14 Crore to Rs 7.57 Crore

Sula Vineyards Limited has informed the stock exchanges that the Commissioner (Appeals), CGST & Central Excise, Nashik, has dismissed the company's appeal and upheld the earlier GST demand raised against it.

Sula Vineyards Discloses That Its Appeal Against Rs 8.11 Crore GST Demand Is Rejected

Notifications

The Ministry of Finance has amended an earlier notification to revise the rate under Serial No. 1 to Rs. 12.5 per litre, effective from 16 June 2026.

Government Notifies increase in Central Excise Rate to Rs. 12.5 per Litre on export of ATF

The Central Government has increased the Special Additional Excise Duty (SAED) on the export of diesel from Rs 13.5 per litre to Rs 14 per litre, effective from June 16, 2026.

Govt Increases Special Additional Excise Duty on Diesel from Rs 13.5 per Litre to Rs 14 per Litre

The Central Board of Indirect Taxes and Customs (CBIC) under the Government of India has exempted excise duty on petrol containing 22% to ‌30% ethanol.

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High Court Denies Bank Guarantee Release Amid Outstanding Excise Licence Dues

GST Dept Reduces Penalty Imposed on Tata Teleservices (Maharashtra) from Rs 36.14 Crore to Rs 7.57 Crore

Sula Vineyards Discloses That Its Appeal Against Rs 8.11 Crore GST Demand Is Rejected

Government Notifies increase in Central Excise Rate to Rs. 12.5 per Litre on export of ATF

Govt Increases Special Additional Excise Duty on Diesel from Rs 13.5 per Litre to Rs 14 per Litre

CBIC Waives Excise Duty on Petrol Containing 22% to ‌30% Ethanol