Type search words and press enter
Check your pre-qualified business loan offer in TallyCapital with a single click! Based on your financial data, get a tentative offer and apply for a business loan in TallyPrime!
https://help.tallysolutions.com/docs/te9rel49/Excise_for_Manufacturers/Scope_and_Applicability.htm

Scope and Applicability

 

Excise Duty means the tax to be paid by the manufacturer, on the goods manufactured in India, either at the time of manufacture or at the time of removal of the goods.

Excise Duty can be levied, only on the fulfillment of the below mentioned conditions.

  • The Duty is on Goods

  • The Goods must be excisable

  • The goods must be manufactured or produced

  • Manufacture and Production must be in India.