https://www.taxtmi.com/forum/issue?id=110151 Whether goods specified in the tariff with a Nil rate or a blank rate of duty are "excisable goods" for computing SSI exemption turnover turns on the meaning of "as being subject to a duty of excise" in Section 2(d), read with tariff interpretative notes and precedent. Administrative practice and appellate decisions generally treat nil rated (and, in many cases, blank rate when read with tariff notes) goods as excisable and thus includible in turnover, while some argue blank entries may indicate non excisability absent manufacture or marketability. en-us Thu, 07 Apr 2016 00:03:55 +0530 Thu, 23 Jan 2025 15:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110151 Whether goods specified in the tariff with a Nil rate or a blank rate of duty are "excisable goods" for computing SSI exemption turnover turns on the meaning of "as being subject to a duty of excise" in Section 2(d), read with tariff interpretative notes and precedent. Administrative practice and appellate decisions generally treat nil rated (and, in many cases, blank rate when read with tariff notes) goods as excisable and thus includible in turnover, while some argue blank entries may indicate non excisability absent manufacture or marketability. Discussion-Forum Central Excise Thu, 07 Apr 2016 00:03:55 +0530 https://www.taxtmi.com/forum/issue?id=110151