24 January 2011
Can any one explain my the excisability on salt. Is it excisable goods or not excisable or exempted? Please answer, i am very much confused with the excise on salt.
24 January 2011
Excise Duty, imposed under section 3 of the ‘Central Excises and Salt Act’ of1944 on all excisable goods other than salt produced or manufactured in India, at the rates set forth in the schedule to the Central Excise tariff Act, 1985, falls under the category of Basic Excise Duty In India.
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