1. (a) Fill up the blanks :
(i) Goods covered by Central Excise Tariff but fully exempt from duty are ________ . (excisable/not excisable)
(ii) SSI units whose turnover exceeds Rs. _________ per annum have to furnish declaration in prescribed form for
Central excise purposes.
(iii) Compressing and bottling gas _________ (is/isnot) manufacture.
(iv) Affixing brand name, labelling or re-labelling and repacking from bulk pack to small pack of readymade garment
________ (is/is not) manufacture.
(v) Cenvat credit _________ (can/can not) be utilised for payment of service tax on output service.
(vi) Job work done under Cenvat provisions __________ (is/is not) exempt from service
(vii) Basic Customs duty is levied under section __________ of the Customs Act.
(viii) Exclusive economic zone extends to __________ (200/300) nautical miles from the base line of the coast. Beyond
__________ (100/200) nautical miles is High Seas.
(ix) Laptop Computer (Note Book Computer) brought as baggage by person above 18 YEARS OF AGE ——————
—————(is/is not) Fully exempt from Custom Duty.
(x) Finance Act, 1994 which contains provisions relating to service tax __________ (does/does not) provide for
criminal liability in service tax matters. (10 marks)
(b) State with reasons, whether True or False :
(i) Cenvat credit on capital goods can be availed in full in the year of purchase.
(ii) Wastes and scrap are always treated as excisable goods.
(iii) Trade Discount is permissible as deduction from assessable value for Central Excise, only if it is given before
removal from factory.Discount given later is not allowable as deduction. (3×5 marks)
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