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what is meaning the central excise duties
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Answer Posted / hitesh oza
Central Excise Duty:
Excise is a duty. It is collected by Central Government of India and classified in Indirect Taxes. If Any manufacturer produces the goods in India by processing, Excise duty attracts on such goods. Central Excise Duty is paid on removal of goods from manufacturing unit (factory) through excise invoice from the manufacturer’s place. Manufacturer has to pay excise duty before exporting out of country and then he can get the clearance from Custom Authorities.
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