Difference Between Exerciable and Dutiable
CA Anand Sarda (Working) (1580 Points)
22 January 2008
Difference Between Exerciable and Dutiable?????
2 Replies
MOHIT MAHAJAN
(LCS, ACA)
(2050 Points)
Replied 23 January 2008
hi
excisable goods are those goods which are specified in central excise tariff act whereas dutiable goods are the goods on which excise duty is payable.
thus dutiable goods are always excisable goods but excisable goods may or may not be dutiable goods. for exp. exempted goods are excisable goods but not dutiable goods.
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