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https://help.tallysolutions.com/docs/te9rel49/Excise_for_Manufacturers/Excisable_Goods.htm

Excisable Goods

Excisable Goods means goods specified in the schedule to the Central Excise Tariff Act, 1985 as being subject to a duty of Excise.

The Basic requirements to be satisfied are,

  • Goods must be movable.

  • Goods must be marketable i.e. the goods must be such that it is known in the market and is capable of being bought or sold