Delhi Excise Department has not renewed the liquor sale licence of three big firms and distributors
The bench said though 10 petitioners wanted it to be dealt with on a broader aspect we are restricting it and we are not going into personal laws etc.
On Monday, Special Judge MK Nagpal extended Sisodia's judicial custody in the CBI case till April 27 and in the ED case till April 29
Petrol and Aviation Turbine Fuel (ATF) have been exempted from the export levy
Buchchi Babu on Wednesday joined the Enforcement Directorate's probe
The Special Judge MK Nagpal on Saturday issued notice to ED on the plea listed the matter for March 16, 2023, with detailed arguments
Sisodia has not only been the face of AAP's education policy in Delhi but also heads as many as 18 of the total 33 departments
Under the new, now-scrapped, excise policy, the state government allowed private vendors and shops to sell liquor in Delhi
The new liquor policy promised several changes to the way alcoholic drinks are sold in Delhi
Windfall tax: The additional excise duty on ATF has been cut to Rs 1.5 per litre from Rs 6 per litre earlier
The Enforcement Directorate (ED) on Wednesday arrested businessman Gautam Malhotra in connection with the Delhi excise policy scam.
The rise was the sharpest in premium products with their portfolio now accounting for a fifth of all the whisky sold in India
Houses located in upscale localities of Delhi and Mumbai, restaurants, 50 vehicles and bank deposits worth Rs 76.54 crore of various accused, including an AAP functionary, an alleged close associate of deputy chief minister Manish Sisodia and an associate of Telangana chief minister's daughter, have been attached in the Delhi excise policy money laundering case, the ED said Wednesday. It said in a statement that the agency has issued a provisional attachment order, under the Prevention of Money Laundering Act (PMLA), for freezing the properties. The properties belong to arrested Aam Aadmi Party (AAP) communications in-charge Vijay Nair, Arun Pillai, a Hyderabad-based liquor businessman and a partner in a company called Robin Distilleries LLP whom the ED had said represented the 'south group' alleged cartel linked to Telangana chief minister's MLC daughter Kavitha and others, liquor businessman Sameer Mahandru, his wife Geetika Mahandru and their company Indospirit Group. The assets
The Enforcement Directorate (ED) on Wednesday said it has attached houses located in upscale localities of Delhi and Mumbai, restaurants, 50 vehicles and bank deposits worth Rs 76.54 crore in a money laundering case probe linked to the Delhi excise policy 'scam'. The properties belong to arrested Aam Aadmi Party (AAP) communications in-charge Vijay Nair, liquor businessman Sameer Mahandru, his wife and company Indospirit Group, businessman Dinesh Arora, Arun Pillai, Amit Arora, director of liquor company Buddy Retail Pvt Limited, and others, the agency said in a statement. An order for the provisional attachment of the assets has been issued under the Prevention of Money Laundering Act (PMLA). The money laundering stems from a CBI FIR. Delhi Deputy CM Manish Sisodia and other excise officials of the government were named as accused in the CBI and the ED complaints. In its FIR, the CBI has alleged that Sisodia and other accused public servants recommended and took decisions pertaini
The Enforcement Directorate on Friday filed a supplementary charge sheet against five individuals and seven companies before a court here in a money laundering case related to the alleged Delhi excise policy scam also involving Deputy Chief Minister Manish Sisodia. The ED, however, did not name Sisodia as accused in the case, and told the judge that further investigation is going on in the mater. The report was filed before Special Judge M K Nagpal who will take up the matter for consideration on Saturday. The 2021-22 policy has now been scrapped after allegations of irregularities were made. The individuals named in the charge sheet are Vijay Nair, Sharath Reddy, Binoy Babu, Abhishek Boinpally and Amit Arora. This is the second prosecution complaint (charge sheet) filed by the federal investigative agency in this case, registered under various sections of the Prevention of Money Laundering Act (PMLA). The first was filed in November last year. A total of 12 entities, which inclu
A Delhi court on Monday extended till January 7 the judicial custody of four accused, arrested in a money laundering case related to the alleged Delhi excise policy scam also involving Deputy Chief Minister Manish Sisodia. Special Judge M K Nagpal extended the custody of businessmen Sharath Reddy, Binoy Babu, Vijay Nair and Abhishek Boinpally after they were produced before the court, noting that the bail petitions of all these accused is presently pending in this court for arguments on different dates. The special judge passed the order after noting the submissions of Enforcement Directorate's special public prosecutor N K Matta that the agency was in process of filing a supplementary charge sheet against all arrested accused. The ED told the court that the charge sheet is likely to be filed by January 6. The agency had earlier told the court that the next charge sheet would be common against all the arrested accused in the money laundering case related to the alleged Delhi excise
The ED has claimed in its charge sheet before a court here that the Delhi Excise Policy, which caused total loss of Rs 2,873 crore to govt exchequer, was a device created by Aam Aadmi Party (AAP) leaders, some of who are part of Delhi government, to generate illegal funds. In its first charge sheet filed in the scam, the agency alleged that the constitution of expert committee and calling of public opinion were merely eyewash and their reports were never to be implemented. The policy was formulated with deliberate loopholes, inbuilt mechanism to facilitate illegal activities and is marred with inconsistencies which when looked deeply, reflect malafide intentions of the policymakers, it alleged. This policy promoted cartel formations through back door, awarded exorbitant wholesale (12 per cent) and huge retail profit margin of 185% and incentivized other illegal activities on account of criminal and political conspiracy of leaders of AAP, it alleged, adding that the 12 per cent profi
The Union government should moderate the excise duty it levies on CNG till such time that the environment-friendly natural gas is included in the one-nation-one-tax GST regime, Kirit Parikh Committee has recommended. Natural gas is currently outside the ambit of GST, and existing legacy taxes -- central excise duty, state VAT and central sales tax -- continue to be applicable on the fuel. While the central government does not levy excise duty on natural gas when sold in gaseous form, it charges a 14 per cent tax on compressed natural gas (CNG). States levy VAT as high as 24.5 per cent on gas. The Parikh Committee, which was formed to recommend fair price of gas to the end consumer and a "market-oriented, transparent and reliable pricing regime", in its report to the Oil Ministry last week suggested that "gas should be brought under the GST regime". "The committee recognise that this requires consensus among the states," it said. "To obtain this, if need be the states may be ...
The CBI on Friday filed its first charge sheet against seven accused in the Delhi Excise policy scam case, officials said. Those named in the charge sheet include two arrested businessmen, the head of a news channel, a Hyderabad-based liquor businessman, a Delhi-based liquor distributor and two officials of the excise department, they said. The agency has kept the probe open, officials added.
Export invoicing in INR is already allowed but the payment must come through Vostro Accounts maintained by foreign banks with a bank in India