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Excise Duty

CNG price may go up Rs 4-6 on supply cut, excise duty reduction to ease

The government has slashed by up to 20 per cent the supplies of cheaper domestically produced natural gas to city retailers -- a move that may result in Rs 4-6 per kg hike in the price of CNG sold to automobiles, unless excise duty on the fuel is cut, sources said. Natural gas pumped from below the ground and from under the seabed from sites ranging from the Arabian Sea to Bay of Bengal within India is the raw material that is turned into CNG for sale to automobiles and piped cooking gas to households. Production from legacy fields, whose price is regulated by the government and which are used to feed city gas retailers, has been falling by up to 5 per cent annually due to natural decline that has set in. This has led to supply cuts to city gas retailers, four sources in know of the matter said. While the input gas for piped cooking gas that households get is protected, the government has cut supply of raw material for CNG. Gas from legacy fields used to meet 90 per cent of the dema

CNG price may go up Rs 4-6 on supply cut, excise duty reduction to ease
Updated On : 20 Oct 2024 | 11:16 AM IST

SC to hear bail plea of businessman in Delhi excise policy scam on Monday

The Supreme Court is scheduled to hear on Monday the bail plea of Hyderabad-based businessman Abhishek Boinpally in a money laundering case related to the alleged Delhi excise policy scam. As per the cause list, a bench of Justices M M Sundresh and Aravind Kumar is likely to take up the matter. The top court had on August 13 extended the interim bail granted to Boinpally. On March 20, the top court noted that the businessman had been in custody for 18 months and directed his release on interim bail for five weeks. Since then, Boinpally's interim bail has been extended from time to time by the apex court. While granting him interim bail, the top court had asked Boinpally to surrender his passport and directed him not to leave the National Capital Region except for a visit to Hyderabad. The businessman has challenged a July 3, 2023, order of the Delhi High Court that dismissed his petition questioning the legality of his arrest in 2022. The businessman had contested his arrest bef

SC to hear bail plea of businessman in Delhi excise policy scam on Monday
Updated On : 13 Oct 2024 | 3:32 PM IST

Delhi govt begins trial of 'e-Abkari' to replace excise information system

The Delhi government on Thursday started trial run of an NIC-developed e-Abkari portal to replace the existing excise supply chain information management system platform to handle retail liquor business, officials said. During the trial period, the e-Abkari portal will be used by 10 liquor vends operated by each of four government corporations as well as over 30 excise licensed hotels, clubs and restaurants, said a source in the Excise department. The portal will be used for placing stock orders, generate transit permits and complete other formalities online by the selected licensees, he said. The excise supply chain information management system (ESCIMS) portal developed by a private IT firm for the Excise department of Delhi government and being operated since 2013 will be replaced once the e-Abkari website is fully ready after the trial run, he said. The officials said the Excise department teams were preparing for the adoption of e-Abkari portal developed by the National ...

Delhi govt begins trial of 'e-Abkari' to replace excise information system
Updated On : 04 Oct 2024 | 7:06 AM IST

Excise policy scam: Court extends Delhi CM Kejriwal's custody till Sep 25

A Delhi court on Wednesday granted bail to AAP leader Durgesh Pathak in a corruption case related to the alleged excise scam, being probed by the CBI. Special Judge Kaveri Baweja also extended the judicial custody of Chief Minister Arvind Kejriwal till September 25 in the case. The judge passed the order after the accused appeared before the court in pursuance to its earlier order. The judge had on September 3 taken cognisance of the charge sheet against Kejriwal, Pathak and others, saying there was sufficient evidence to proceed against them. The judge had issued a production warrant for Kejriwal, who is lodged in judicial custody, and summoned Pathak on September 11. The CBI had filed a supplementary charge sheet against Kejriwal, Pathak, Vinod Chauhan, Ashish Mathur and Sarath Reddy a few weeks ago. The central probe agency informed the court last month that it had obtained the requisite sanctions to prosecute Kejriwal and Pathak in the case. The CBI has claimed that the mone

Excise policy scam: Court extends Delhi CM Kejriwal's custody till Sep 25
Updated On : 11 Sep 2024 | 7:07 PM IST

Supreme Court defers hearing on Kejriwal's plea for bail till Sept 5

The Supreme Court on Friday deferred till September 5 hearing on Delhi Chief Minister Arvind Kejriwal's pleas seeking bail and challenging the arrest by the CBI in the alleged excise policy scam. A bench of justices Surya Kant and Ujjal Bhuyan allowed the CBI to file its counter affidavit in the matter and gave two days' time to Kejriwal to file a rejoinder. Senior advocate Abhishek Singhvi, appearing for Kejriwal, said the CBI filed a counter affidavit in only one of the pleas and it was served upon them at 8 pm on Thursday. ASG SV Raju said they will file the counter in another plea in one week. The bench then posted the matter for further hearing on September 5. On August 14, the top court refused to grant interim bail to Kejriwal in the case and sought a response from the probe agency on his plea challenging his arrest. Kejriwal was arrested by the CBI on June 26. The chief minister, who was arrested by the ED on March 21, was granted bail by the trial court in the money ...

Supreme Court defers hearing on Kejriwal's plea for bail till Sept 5
Updated On : 23 Aug 2024 | 12:40 PM IST

Excise duty collections from petroleum sector decline 4.8% in FY24

Overall tax contribution of the petroleum sector rose marginally to Rs 7.51 trillion

Excise duty collections from petroleum sector decline 4.8% in FY24
Updated On : 16 Aug 2024 | 8:18 PM IST

Excise case: Court extends Manish Sisodia's judicial custody till July 26

A Delhi court on Monday extended till July 26 the judicial custody of AAP leader Manish Sisodia in a corruption case related to the alleged excise scam. Special Judge Kaveri Baweja passed the order after Sisodia was produced before the court on expiry of his judicial custody granted earlier. The court had on April 30 dismissed the bail pleas of Sisodia in the corruption and related money laundering cases, lodged by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED), respectively, in the alleged scam.

Excise case: Court extends Manish Sisodia's judicial custody till July 26
Updated On : 22 Jul 2024 | 5:38 PM IST

Excise policy case: Court issues production warrant for Arvind Kejriwal

Special judge Kaveri Baweja has directed that Delhi Chief Minister Kejriwal be physically produced in court on Friday, following the submission of the ED's seventh supplementary chargesheet

Excise policy case: Court issues production warrant for Arvind Kejriwal
Updated On : 09 Jul 2024 | 4:37 PM IST

Excise policy case: CM Kejriwal moves Delhi HC against his arrest by CBI

The Rouse Avenue Court of Delhi on Saturday sent Delhi Chief Minister Arvind Kejriwal to Judicial custody in connection with Excise policy case

Excise policy case: CM Kejriwal moves Delhi HC against his arrest by CBI
Updated On : 01 Jul 2024 | 3:56 PM IST

Money laundering: ED files fresh chargesheet in Delhi excise policy case

The Enforcement Directorate on Friday filed a fresh and the ninth charge sheet in the Delhi excise policy-linked money laundering case naming a person called Vinod Chauhan as an accused, official sources said. Chauhan was arrested by the federal agency in May as part of this investigation. The sources said a fresh and the ninth prosecution complaint (charge sheet) was filed before a special Prevention of Money Laundering Act (PMLA) court here naming Vinod Chauhan. He was the 18th person to have been arrested by the ED in this case in which it has also taken into custody Delhi Chief Minister and AAP supremo Arvind Kejriwal, his party colleague and former deputy chief minister Manish Sisodia, Aam Aadmi Party (AAP) MP Sanjay Singh, BRS leader and former Telangana CM K Chandrashekar Rao's politician daughter K Kavitha and several liquor businessmen and others. The ED has mentioned the alleged role of Chauhan in this case in an official document submitted before a court in relation to t

Money laundering: ED files fresh chargesheet in Delhi excise policy case
Updated On : 28 Jun 2024 | 5:44 PM IST

Court sends Delhi CM Kejriwal to 3-day CBI custody in excise policy case

A court here on Wednesday sent Chief Minister Arvind Kejriwal to CBI custody for three days after the probe agency arrested him in a corruption case linked to the alleged Delhi excise policy scam. Special Judge Amitabh Rawat passed the order on an application moved by the CBI. The probe agency formally arrested Kejriwal on Wednesday after getting permission from the court. The Aam Aadmi Party national convener is lodged in prison in an excise policy-linked money laundering case being probed by the Enforcement Department (ED). "CBI application is allowed for three days," the judge said. In the application seeking Kejriwal's custody, the CBI told the court that he was required to be quizzed to unearth the larger conspiracy in the matter. It also said that the Delhi chief minister was required to be confronted with evidence and other people accused in the case. Federal agencies had earlier claimed that a so-called "south lobby" dictated the formulation of the now-scrapped excise poli

Court sends Delhi CM Kejriwal to 3-day CBI custody in excise policy case
Updated On : 27 Jun 2024 | 1:05 AM IST

Trial court didn't consider material properly: HC on Kejriwal bail order

The vacation bench of Justice Sudhir Kumar Jain, while passing the order, said that documents and arguments were not appreciated properly by the trial court properly

Trial court didn't consider material properly: HC on Kejriwal bail order
Updated On : 25 Jun 2024 | 11:48 PM IST

Money laundering case: AAP to move SC against stay on Kejriwal's bail order

The Aam Aadmi Party (AAP) on Tuesday said it disagrees with the Delhi High Court order staying the bail granted to Chief Minister Arvind Kejriwal by the trial court and will challenge it in the Supreme Court. The Delhi High Court earlier in the day stayed the trial court order granting bail to Kejriwal in the money laundering case stemming from the alleged excise policy scam in Delhi. A vacation bench of Justice Sudhir Kumar Jain said the trial court failed to appreciate the material placed before it by the Enforcement Directorate and did not apply its mind while deciding the AAP leader's bail plea. The judge also said the trial court ought to have given adequate opportunity to the agency to argue its case. Reacting to the development, the AAP said they will approach the apex court. "We disagree with the Delhi High Court order. We will challenge it in the Supreme Court," the party said. The trial court had granted bail to Kejriwal on June 20 and ordered his release on a personal

Money laundering case: AAP to move SC against stay on Kejriwal's bail order
Updated On : 25 Jun 2024 | 3:49 PM IST

Excise policy scam: Kejriwal moves SC against HC's stay on bail order

Delhi Chief Minister Arvind Kejriwal has moved the Supreme Court against the Delhi High Court's interim stay on a trial court's order granting him bail in a money-laundering case linked to the alleged excise scam. The high court on Friday paused the release of the embattled chief minister after the trial court granted him bail on June 20. The Aam Aadmi Party (AAP) national convenor, who was arrested by the Enforcement Directorate (ED) on March 21, could have walked out of Tihar Jail on Friday had the high court not granted the interim relief to the federal anti-money laundering agency. "Till the pronouncement of this order, the operation of the impugned order shall remain stayed," a vacation bench of the high court said and asked the parties to file written submissions by June 24. The high court said it was reserving the order for two-three days as it wanted to go through the entire case records. It also issued a notice to Kejriwal seeking his response to the ED's plea challenging

Excise policy scam: Kejriwal moves SC against HC's stay on bail order
Updated On : 23 Jun 2024 | 10:22 PM IST

ED challenges order granting bail to Kejriwal, says not adequately heard

ED has challenged the order dated June 20, 2024, passed by Special Judge (Vacation Judge), Rouse Avenue District Courts that granted bail to Kejriwal

ED challenges order granting bail to Kejriwal, says not adequately heard
Updated On : 21 Jun 2024 | 2:19 PM IST

Delhi Chief Minister Arvind Kejriwal gets bail in liquor policy case

Delhi court grants bail to Kejriwal on bail bond of Rs 1 lakh

Delhi Chief Minister Arvind Kejriwal gets bail in liquor policy case
Updated On : 20 Jun 2024 | 9:06 PM IST

CBIC unveils new draft, set to replace 8-decade old central excise regime

At present, Central Excise is levied mainly on petroleum products. As a part of the pre-legislative consultative process, CBIC has sought stakeholders' comments by June 26

CBIC unveils new draft, set to replace 8-decade old central excise regime
Updated On : 04 Jun 2024 | 10:24 PM IST

Excise scam: ED opposes Kavitha's bail plea, says release to affect probe

The Enforcement Directorate (ED) on Friday opposed in the Delhi High Court the bail plea of BRS leader K Kavitha in a money laundering case linked to the alleged excise policy scam, saying her release would adversely affect further investigation to unearth the "deep-rooted, multi-layered conspiracy". The ED, in its reply to Kavitha's bail plea, contended that the Telangana lawmaker is a "highly influential" individual and stands accused of having committed a grave economic offence. She has the potential to tamper with evidence and influence witnesses, it said. K Kavitha has conspired with other people and actively involved in payment of kickbacks to the tune of Rs 100 crore and then in establishing the money laundering ecosystem, that is, M/s Indo Spirits through her proxy which generated proceeds of crime of Rs 192.8 crore. By such acts, K Kavitha is involved in various processes and activities relating to proceeds of crime (POC) to the tune of Rs 292.8 crore, the probe agency said

Excise scam: ED opposes Kavitha's bail plea, says release to affect probe
Updated On : 24 May 2024 | 6:30 PM IST

Excise case: Court to consider ED chargesheet against Kavitha on May 14

A Delhi court is likely to consider on Tuesday a fresh charge sheet filed by the Enforcement Directorate in the Delhi excise policy-linked money laundering case naming BRS leader K Kavitha and four others as accused. Special Judge for ED and CBI cases, Kaveri Baweja, who was likely to take up the charge sheet for cognisance on Monday, adjourned the matter for May 14. The ED on Friday filed the nearly 200-page prosecution complaint (charge sheet) along with annexures under the provisions of the Prevention of Money Laundering Act (PMLA). Kavitha, an MLC of the Bharat Rashtra Samithi (BRS) party, three employees of a company that handled AAP's Goa campaign (Chariot Productions Media Pvt Ltd) -- Damodar Sharma, Prince Kumar and Chanpreet Singh -- and a former employee of India Ahead news channel Arvind Singh have been named as accused in the latest charge sheet, sources said. The federal agency had arrested 46-year-old Kavitha, the daughter of former Telangana chief minister K ...

Excise case: Court to consider ED chargesheet against Kavitha on May 14
Updated On : 13 May 2024 | 7:54 PM IST

'Electioneering not fundamental right': ED opposes interim bail to Kejriwal

The Enforcement Directorate (ED) on Thursday opposed in the Supreme Court the grant of interim bail to Delhi Chief Minister Arvind Kejriwal in a money-laundering case linked to the alleged excise policy scam, saying the right to campaign in elections is neither fundamental nor constitutional. In a fresh affidavit filed in the top court, the ED said no political leader has ever been granted interim bail for campaigning even if he is not contesting polls. "It is relevant to note that the right to campaign for an election is neither a fundamental right nor a constitutional right and not even a legal right," the agency said. It added that to its knowledge, "no political leader has been granted interim bail for campaigning even though he is not the contesting candidate. Even a contesting candidate is not granted interim bail if he is in custody for his own campaigning". On Wednesday, Justice Sanjiv Khanna, who headed the bench that heard Kejriwal's petition against his arrest in the case

'Electioneering not fundamental right': ED opposes interim bail to Kejriwal
Updated On : 09 May 2024 | 5:28 PM IST