top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration

Facebook Login
Site Registration

What are the conditions to levy Excise Duty?

+1 vote
What are the conditions to levy Excise Duty?
posted Jun 14, 2017 by Tanmay

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

To levy excise duty following four conditions must be satisfied:

-- (a) There must be a manufacture
-- (b) Manufacture must be in ‘India
-- (c) Manufacture must result in Goods
-- (d) The resultant goods must be ‘Excisable Goods’.

Excise duty is levied upon manufacture or production of goods in India. Therefore the taxable event for levy of excise duty is manufacture or production of goods.

No Excise duty shall be levied on excisable goods produced or manufactured in SEZ.

answer Jun 14, 2017 by Purabi Sarkar
Contact Us
+91 9880187415
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Karnataka INDIA.