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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Government Can Raise Excise Duty Up to 50% Under Central Excise Tariff Act, 1985; Parliament Oversight Required</h1> The Central Government has the emergency power to increase excise duty on goods under the Central Excise Tariff Act, 1985. If deemed necessary, the government can amend the duty rates by notifying changes in the Official Gazette. The new rate can be up to 50% ad valorem if previously nil or up to double the existing rate. Such notifications must be presented to Parliament for approval within a specified timeframe. Parliament can modify or annul these notifications. The government retains the power to rescind notifications at any time. An amendment attempt in 2002 was not enacted, thus restoring the original provisions.
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