TaxTMI 
TaxTMI 
TaxTMI 
Dear sirs,
I want to know about Central Excise. Can you please explain me.
Central Excise
Narayana Reddy
Understanding Central Excise: A Tax on Domestically Produced Goods, Key for Manufacturing and Economic Growth An individual inquired about Central Excise, seeking clarification on its concept. A respondent explained that excise duty, also known as Central Value Added Tax (CENVAT), is a tax imposed on goods produced within a country, impacting the manufacturing sector. It serves to generate government revenue and is used as a fiscal policy tool to promote economic growth. Another participant directed the inquirer to an external link for further details, provided by a consulting firm specializing in indirect taxation. (AI Summary)