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Excise

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(Querist)
16 December 2015 are sweets excisable??
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Prakash Mundada

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Prakash Mundada (Expert)
17 December 2015 Yes Ofcourse sweets are excisable. But the liability to Pay Excise duty arises only if the Turnover of the Previous year the Turnover is more than 400 lakhs. In current year we will get the exemption till 150 lakhs

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