TaxTMI 
TaxTMI 
Dear sirs,
I want to know about Central Excise. Can you please explain me.
Central Excise
03 May 2014 
2 Replies 
1863 Views Asked by
Guest 
Excise duty: tax on domestic production used as a fiscal policy instrument shaping manufacturing taxation.
Excise duty in India is a tax on goods produced within the country, charged at the point of manufacture and on the production and sale of goods. Referred to as Cenvat, central excise is an indirect tax on the manufacturing sector and is used both to raise revenue and as a fiscal policy instrument to pursue socio-economic objectives; an ancillary reply points to an external consultancy link for further details. (AI Summary)
Excise duty in India is a tax on goods produced within the country, charged at the point of manufacture and on the production and sale of goods. Referred to as Cenvat, central excise is an indirect tax on the manufacturing sector and is used both to raise revenue and as a fiscal policy instrument to pursue socio-economic objectives; an ancillary reply points to an external consultancy link for further details. (AI Summary)