Excise duty payable to???

prabha (Student CA Final ) (26 Points)

13 November 2014  

HI FRIENDS,

 

WHEN A COMPPANY NEED TO PAY THE EXCISE DUTY. WHAT ARE THE CRITERIA THINGS TO BE FOLLOWED FOR THE THING. IS EXCISE DUTY IS CENTRAL GOVERNMENT or STATE GOVERNMENT WILL ALSO HAVR A SHARE IN THE AMOUNT PAID BY THE COMPNAY