TaxTMI 
TaxTMI 
TaxTMI 
Brief Details of Excise Duty in Manufacture Industries
Yadagiri Kardas
Brief Details of Excise Duty in Manufacture Industries
Key Conditions for Levying Excise Duty: Manufacturing in India, Classification as Goods, and Excisability Per Excise Act, 1944. A discussion on excise duty in manufacturing industries was initiated, focusing on the conditions required for the levy of excise duty. The reply highlighted four key conditions: the goods must be manufactured, the manufacturing must occur in India, the items must be classified as goods, and these goods must be excisable. For further details, references were made to the Central Excise Act, 1944, and the Central Excise Rules, 2002. (AI Summary)