Sir, I want to know ...
What is excise duty ?
Answers were Sorted based on User's Feedback
Answer / ritu madaan
excise duty is the duty which is leveid on production.
Is This Answer Correct ? | 20 Yes | 2 No |
Answer / rakesh
Excise duty is an indirect tax, which is imposed on the
goods produced or manufactured in india
Is This Answer Correct ? | 17 Yes | 3 No |
Answer / nisha
excise duty is an indirect tax leviable on production of
goods.Such duty is collected at the time of removal of
goods at the rate enforce on the date of removal
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / sanjay kumar
Excise Duty is The Indirect Tax.
Which is levied on the good manufactured in india.
Levied at the time of removal from the factory, warehouse
or such other Place.
goods Manufactured must be Movable and the nature of goods
manufactured is seperate from the goods which is used as
input in the manufactureing of such goods.
Rate of Duty on goods Manufactured should be levied as per
mantioned in CETA (Ceneral Excise Tax Act).
Rate of Duty should be apply for the Date of Removal.
Is This Answer Correct ? | 0 Yes | 0 No |
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