« Top Headlines » Open DEMAT Account in 24 hrs  How to Change Current Period in Tally Prime Step-by-Step Guide for Users  Global Payroll Management with Tally Prime: How International Businesses Use It Beyond India  How to Manage B2B HSN Codes in Tally Prime: A Complete Guide for Businesses  How to Check Business Revenue in Tally Prime: A Complete Step-by-Step Guide  MSME Payment Rule in Tally Prime: Understanding the Law and Its Impact on Businesses in 2025 The MSME (Micro, Small and Medium Enterprises) Payment Rule is a legal framework introduced under th  Multipurpose Empanelment Form (MEF) 2025 26 Meaning, Purpose, and How to Manage It in Tally Prime  GST Appellate Tribunal (GSTAT) Structure, Powers, and Its Relevance in Tally Prime Implementation  How Tally Prime Supports the Real Estate & Construction Industry in India  Comparison Between Tally Prime 6.1 and Tally Prime 6.2  How Tally Prime Renewal Helps Save My Data  Where to Buy Tally Prime 7.0 at the Best Rates Possible «  CBDT reopens 400 PE, M&A deals... ‘Pay advance tax before deadline’... » Rs 10 cr central excise duty evasion detected December, 13th 2007 The Central excise duty evasion amounting to Rs 10 crore was unearthed by Directorate of Central Excise Intelligence on wednesday after conducting raid on two Himachal Pradesh based LPG Cylinder manufacturers for allegedly misusing tax exemption announced by the union government. The companies, having their manufacturing facilities in Una district of HP, had allegedly claimed 'Area Based Exemption' to the tune of Rs 10 crore by showing 25 per cent expansion in their units during year 2003, a stipulation laid down by union government for claiming tax exemption. However, the investigation conducted by excise sleuths revealed that actually the companies had not undertaken any expansion programme, said sources. "They just procured fake bill of machinery from a Ghaziabad based supplier in a bid to show purchase for expansion purposes," said a senior official on the condition of anonymity while adding that the supplier had admitted that he did not supply any machinery to them. As per finance ministry notification, if any existing manufacturing unit expands itself by 25 per cent after January 7, 2003 then it would be eligible for tax exemption. The raids were being carried out simultaneously by a team of excise sleuths at Una in HP and Delhi.