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Excisable goods??

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(Querist)
21 June 2009 Dear experts

Could you please clarify whether the goods which are included in the tariff at NIL rate of duty are excisables goods or not.

Thanks
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Sanjeev Jain

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Sanjeev Jain (Expert)
22 June 2009 According to section 2(d) of Central excice act every Goods which satisfy the following Condition wiil be a Exciable Goods whether chargeable to duty or not: -
01. Must be Manufacture or Produced in India
02. Mentioned In Central Excise Tariff Act
03. Movable
04. Marketable
If all the aforesiad conditions are satisfied it shall be a Exicable Goods.
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CMA Ankur Pandey

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CMA Ankur Pandey (Expert)
22 June 2009 yes its exciable
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