16 May 2013
EXCISE DUTY IS APPLICABLE ON MANUFACTURING ACTIVITY AND IT IS CHARGED ON SALE VALUE (NOT DEDUCTED FROM SALE VALE) AT THE TIME OF REMOVE THE GOODS FROM FACTORY.
THANKS. Please click on "Thank User", if you are satisfied with my reply. Rajeev Kumar Garg (M.Com, L.L.B.) Consultant (Excise, Customs & Service Tax)
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