Poonawalla fincorps
Poonawalla fincorps

Liability of excise in case of manufacturing & trading

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 December 2011 Please guide on liability of excise on which types of business, limits of duty leviable.
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rambabu

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rambabu (Expert)
25 December 2011 Central Excise is a duty levied on act of manufacture. howver, for administration convenience, duty is collected at the time of sale from the factory of manufacture only.

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