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Excise-Duty Not Payable On Trade Discount Offered To Bulk Buyer Of CNG: CESTAT

The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that excise duty is not payable on trade discounts offered to bulk buyers of compressed natural gas (CNG).The. ....

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Mahanagar Gas plans 20% increase in capex at Rs 1,000 crore for FY25: MD

Ashu Shinghal added that the 20 percent drop in net profit it reported for the fourth quarter was primarily due to lower availability of APM gas and CNG price reduction announced by the company. ....

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