sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Customs and Excise »
 Central Board of Excise and Customs to be renamed CBIC by April
 Central Board Of Excise & Customs New Delhi GST Flyers
 Hike in customs duty on electronics likely to boost revenue collection
 Customs duty raised on electronic goods
 Ministry Of Finance (Central Board Of Direct Taxes) Notification
 Refund of IGST paid on export of goods under rule 96 of CGST Rules,2017
 Customs And Central Excise Drawback – Part II
 Customs Valuation (Determination of Value of Imported Goods) Rules 2007
 Amendment to Customs Valuation Rules – Notification No. 91/2017 (NT)
 GST on Custom House Agents
 The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes

Excise receipts for Apr-Dec dip 47%
January, 14th 2010

Revenue mobilisation from central excise in the northern region has registered a fall with collections dropping 47 per cent to Rs 383 crore in the first nine months of current fiscal till December 2009.

Customs revenues from the region too have fallen 28 per cent at Rs 429.07 crore in the same period.

The total collections of central excise from the northern region comprising Punjab, Himachal Pradesh, Jammu and Kashmir and Chandigarh plummeted to Rs 383 crore as on December 2009 compared with Rs 723.39 crore in the corresponding period last fiscal.

Similarly, customs collection dipped to Rs 429.07 crore up to December 2009 against Rs 593.65 crore mobilised in the corresponding period last fiscal.

Meanwhile, the Income Tax department grossed Rs 8,339 crore during the period starting April 1, 2009, till January 11, 2010, against Rs 7,261.30 crore in the same period last fiscal, an official said.

The revival of manufacturing, mainly in the automobile sector led to growth in tax collections, said an income tax official.

Because of a huge fall in collections from excise duty, it now seems difficult for the department to achieve its targeted revenue of Rs 915 crore by the end of the current fiscal, an official revealed.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Company Overview

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions