Latest News & Events

  • Budget 2017: Ministry seeks cut in excise duty on jet fuel

    The government had raised the duty to compensate for its tax loss, as global crude oil prices fell to below $30 a barrel. Crude oil prices have doubled now. “Excise duty was raised when crude prices were low. Now they are inching up and the government can easily cut excise duty, which will also help shield airlines from a hike in jet fuel prices,” said a government official, who did not want to be named.

    “The government’s revenue would also not be impacted, as any revenue impact shall be compensated by a positive realisation due to the high output multiplier,” said an industry source, pointing to the impact a healthy industry can have on the economy.

    Rising fuel cost is a concern for the airline industry, which has started reporting profits after a long spell of losses. A more than 20% increase in air passengers and low fuel prices were the key drivers of the improved performance.

    To be sure, the duty hike helped temper volatility in fuel prices — though local prices didn’t fall in line with global rates earlier, they may not rise too much either now, if the government rolls back the tax increase it made.

  • Government removes excise duty on Point of Sale machine manufacturing

    NEW DELHI: Government today removed excise duty on goods for manufacturing of POS (Point of Sale) machines that are in great demand as merchants are being compelled to use them in the wake of currency crisis.

    "POS machines will be exempted from 12.5 per cent excise duty and 4 per cent SAD (Special Additional Duty) till March 31, 2017," a source said.

    A notification to this effect was tabled by Finance Minister Arun Jaitley in the Lok Sabha today amid uproar over the demonetisation issue.

    The notification "exempts Central Excise/CV duty on all goods for manufacture of POS devices subject to actual user condition and these exemptions will be valid till March 31, 2017".

  • Central Board of Excise and Customs removes 1 per cent excise duty on branded gold coins

    NEW DELHI: Branded gold coins may become cheaper after the government scrapped 1 per cent excise duty on them.

    In a notification, the Central Board of Excise and Customs (CBEC) said excise duty will be nil on gold coins of purity 99.5 per cent and above, bearing a brand name when manufactured from gold on which appropriate duty of Customs or excise has been paid.

    Excise duty on branded silver coins continues to be exempted.

    However, articles of goldsmiths or silversmiths' wares of precious metal or of metal clad with precious metal, bearing a brand name will attract 1 per cent excise duty. PC Jeweller Managing Director Balram Garg said excise duty on branded coins has been abolished. Earlier, it was 1 per cent. "The move will make branded coin cheaper and promote organised industry," Garg said

Welcome to Central GST & Central Excise Commissionerate, Daman

Welcome to Office of the Commissioner

Ms. Reshma Lakhani

Hon'ble Commissioner

The Daman Commissionerate came into existence w.e.f. 01.11.2002 by the name of Valsad Commissionerate after bifurcation of erstwhile Surat-II Commissionerate into Valsad and Daman Commissionerates. Further, vide Notification No. 62/2003-Central Excise (N.T.) dated 19.8.2003, Valsad Commissionerate was rechristened as Daman Commissionerate with slight change in the jurisdiction of the Commissionerate. North Daman Division which was falling under the old Daman Commissionerate was attached to new Daman Commissionerate along with one range i.e. Range-VI of Vapi-II in lieu of certain area of Sarigam and Umbergaon. Further, vide Notification No.27/2014-Central Excise (N.T.) dated 16.09.2014, the jurisdiction of Daman Commissionerate has been reorganised as area of Sarigam and Umbergaon have been attached and area of Vapi and Valsad have been detached.

With implementation of GST, the Comissionerate of Central Excise, Customs & Service Tax, Daman is now Central GST & Central Excise, Daman Comissionerate.