Excise Duty Applies Only to Manufactured Goods in India; Payable Upon Removal, Not Payment, Says Tribunal.

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....Short payment of Central Excise Duty - The Appellate Tribunal concluded that central excise duty is leviable only on excisable goods manufactured or produced in India, as per the Central Excise Act. Duty is not contingent on receipt of payment but on the removal of goods, to be paid by the sixth day of the following month. The Tribunal found that the department's demand based on amounts received was erroneous, as duty can only be charged on the manufactured goods.....