ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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New Light on Central Excise

from time to time in defence of the enormous growth of commodity taxes in India in recent years: that they serve to reduce inessential consumption; that they are easy to collect; and that, contrary to the general impression, they are not regressive, but are progressive. Any suggestion that the taxes on consumption, such as excise duties might be aggravating the inflationary pressures is countered with the argument that articles like food and industrial raw materials, the rise in prices of which has contributed most to the current inflation, are by and large untouched by these taxes. The contention about the non-inflationary impact of indirect taxes is untenable for the simple reason that a sizeable fraction of the revenue from Central excise conies from the duties on industrial raw materials and intermediate products

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