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indirect taxes

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(Querist)
20 February 2011 whether the goods which are movable and marketable but not mentioned in schdule shall be liable to excise duty?
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visu iyer

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visu iyer (Expert)
21 February 2011 To my opinion,
if not in the schedule
it is not liable for exise..

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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
21 February 2011 yes goods may be excisable according to similar and identical goods.
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