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querry regarding excise section 3(chgng sec.)

493 views 1 replies

Anshul Agarwal

Student

170 Points Joined October 2008

hey friends can any one plz solve my small querry

IN one book on excise it is mentioned that "salt" is included in the definition of goods and the other book very renowned writer it is mentioned that goods excludes salt.

can any one plz tell me the correct answer ?

Replies (1)

CA Madhumita Binani

Executive Accounts (SERVICE)

389 Points Joined March 2009

The definition of "excisable goods" includes salt as it is an exciseable good. However no excise duty is levied on the same..., i.e, the rate of excise duty is NIL.