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    • Belgian VAT Change For Housing Renovations Effective
    • China Sets New Parameters For Automobile Tax Breaks
    • Denmark Implements Personal Income Tax Reforms
    • German Cabinet Endorses 2024 Annual Tax Act
    • India Seeks Views On Redrafted Excise Tax Law
    • Nigerian Tax Reform Panel Recommends VAT Hike, CIT Cut
    • Swiss Lawmakers Agree New Remote Work Tax Law
    • Tax Treaty Round-up - June 7
    • Vietnam Expected To Extend Tax Payment Deadlines Again
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    Global Daily Tax News, India Seeks Views On Redrafted Excise Tax Law, (Jun 7, 2024)

    Indian authorities have released the draft Central Excise Bill, 2024, for consultation.

    Feedback is being sought from stakeholders on the draft law by June 26, 2024.

    The new law will replace the outdated Central Excise Act, 1944, and is intended to e ...

    Indian authorities have released the draft Central Excise Bill, 2024, for consultation.

    Feedback is being sought from stakeholders on the draft law by June 26, 2024.

    The new law will replace the outdated Central Excise Act, 1944, and is intended to ease the administrative burden on taxpayers. Redundant provisions have been repealed. The new legislation includes 12 chapters, 114 sections, and two schedules, and has been published on the website of the Central Board of Indirect Taxes and Customs (CBIC).

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