Central excise taxability rate

[Guest]

Can anyone let me know manfacturing of gold ornament and gold coins taxability rate under central excise. Further whether any exemption available under incometax act for setting up of companies. Please post your view...

[Surender Gupta]

You need to refer the central excise tariff and effective exemption notifications.

AI Summary

Central excise taxability of gold ornaments and coins depends on tariff classification and applicable exemption notifications. Central excise taxability of gold ornaments and coins depends on tariff classification and applicable exemption notifications; determine duty by consulting the central excise tariff schedule and effective exemption notifications. Any income tax exemptions for setting up companies must be assessed by reference to the relevant income tax provisions and notifications governing such incentives.