On this occasion, DG Excise
and Taxation, Javed Marwat told the meeting that the Chief Minister has approved a summary of the merging of the Department of Excise
and Taxation and Narcotics Control under 18th Constitutional Amendment.
department has decided to build its own police stations to deal with these cases.
eIu This excise
duty hike is not being passed on to consumers,eIN Indian Oil Corp (IOC) chairman B.
A company failing to make an inventory of the tobacco stock in an excise
storage will be liable to a fine of 10,000-15,000 euros.
and taxation officials with best performance were awarded with appreciation certificates.
Under an EU Directive, Bulgaria must reach a minimum excise
tax rate of EUR 90 per 1000 cigarettes by end-2017.
In the 2011-12 Budget, 130 out of the 370 items which were earlier exempted from excise
duty, have been removed from the list by Finance Minister.
The Customs says that in this way the efficiency in collecting excise
The regulations also affect certain excise
taxes reported on Forms 720, Quarterly Federal Excise
Tax Return, 730, Monthly Tax Return for Wagers, 2290, Heavy Highway Vehicle Use Tax Return, and 11-C, Occupational Tax and Registration Return for Wagering; excise
tax refunds or payments claimed on Form 8849, Claim for Refund of Excise
Tax; and excise
tax registrations on Form 637, Application for Registration (For Certain Excise
That, in turn, could negatively impact the overall municipal budget because excise
tax collections are a key revenue component.
Later that day, there was a separate meeting with CRA on excise
State cigarette excise
taxes have long been used to raise revenue, curb smoking and fund tobacco prevention and smoking cessation programs.