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customs and excise

Budget 2021 – Changes in Customs and Excise

New Agriculture Cess on Petrol and High Speed Diesel Government has introduced a new Agriculture Infrastructure and Development Cess (AIDC) as an additional duty of excise on Petrol and High-speed diesel. The purpose of this cess is to finance the improvement of agriculture infrastructure and other development expenditure. Do note…
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Types of Audit

Which Audits does my company require to undergo? What is an audit? Audit is an appraisal of the area under audit. It’s an independent assessment throwing light on the compliant nature of the company and also states the non compliances. The various types of audits are as below – Statutory…
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