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What is the present excise duty of transformer oil?
to cool a winding of transformer and it is a insulating material and transformer oil is a purifing oil
Define customs duties and excise taxes?
can excise duty 3.1827% is applicable in EPGC scheme
What is central excise ct3?
it is a permission granted by the concerned central excise asst. commissioner to remove goods without paying excise duty
What is central excise tariff act 1985?
The Central Excise Tariff Act of 1985 is an Indian legislation that governs the imposition of excise duty on goods manufactured or produced in India. It provides a framework for classifying goods and specifies the rates of excise duty applicable to different categories of products. The Act is crucial for tax administration and revenue generation for the government. It has been amended several times to accommodate changes in economic and industrial policies.
Dutiability of scrap and waste in central excise act 1944?
Scrap and Waste does not attract excise as per Central Excise Act 1944 as these are by products.
What is central excise duty?
The central excise duty refers to an indirect tax which is levied on goods manufactured in India. These are the goods which are meant for consumption at home.
What is terminal excise duty?
Terminal excise duty is a fee charged on all goods that are manufactured. Excise duty is levied by central or federal governments.
Is 1099 income subject to excise tax?
Probably not, but there are many types of 1099s, and excise taxes, I suppose it's possible one would represent something that is applicable to the other.
ACE full form in telecoms?
ap central excise
Is superintendent in customs and central excise a gazetted officer?
YES
When excise duty is applicable?
Excise duty is applicable on specific goods produced or manufactured within a country, such as alcohol, tobacco, and petroleum products. It is typically levied at the point of production or sale and is intended to discourage the consumption of certain goods or to generate revenue for the government. Additionally, excise duties may apply to specific services in certain jurisdictions. The rates and applicability can vary based on local laws and regulations.
How many types of Central Excise Duties collected in India?
16001 to be exact
