SC stays Rs. 200 Mn Excise Tax

25 March 2015 09:06 am Views - {{hitsCtrl.values.hits}} 9 Bookmark

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The Supreme Court today issued an interim order suspending the gazette notification which imposed a Rs. 200 million Excise Tax on alcohol and beer manufacturers.

Comments - 9

upali Wednesday, 25 March 2015 02:54 PM

Why the govt. imposing such exorbitant taxes and where is the money they have saved by stopping corruption?

6 13

simon Wednesday, 25 March 2015 04:54 PM

They do not have proper tools to stop the corruption !

2 7

ANTON Wednesday, 25 March 2015 05:17 PM

PRAISE THE LORD........

1 4

shamon Wednesday, 25 March 2015 05:31 PM

mathata titha kapothi via DM Android App

1 2

Bandu Wednesday, 25 March 2015 05:44 PM

Who makes taxation decisions? Judiciary or the Government? What competencies, constitutional responsibilities and rights do they have for that?Can someone please clarify?Thanks

2 4

Prem Nath Wednesday, 25 March 2015 11:47 PM

Even the FM cannot make arbitrary decisions to tax companies without first investigating.

0 0

Cobra Thursday, 26 March 2015 06:37 AM

In other words at the end of the day it is we who will have to pay this tax just to cool our throats!!!

0 1

mark Thursday, 26 March 2015 06:52 AM

The judiciary can look into the constitutionality of tax measures. If its unconstitutional it can be struck down

0 0

sadees Thursday, 26 March 2015 10:34 AM

Iyyo, mudalaali will be very upset.

0 0

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