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What is EXCISE
DUTY
The duty of excise is levied on a
manufacturer or producer in
respect of the Commodities
produced or manufactured by
him.
NEERAJ GUPTA TAX CLASSES – 9266664949, 9810398903
It is a tax upon
manufacture of goods.
NEERAJ GUPTA TAX CLASSES – 9266664949, 9810398903
The distinction
between excise and
sales tax is that once
goods are
‘manufactured’
liability of excise is
fastened, even if
goods are not sold
NEERAJ GUPTA TAX CLASSES – 9266664949, 9810398903
(e.g. excise duty is
payable on free
samples or goods
manufactured and
consumed by self or
goods given as free
replacement)
NEERAJ GUPTA TAX CLASSES – 9266664949, 9810398903
Manufacture must
be in India
NEERAJ GUPTA TAX CLASSES – 9266664949, 9810398903
Thus excise levy cannot be
imposed on imported goods.
This is also true if goods are
imported in SKD or CKD
condition and they are only
assembled in India, as no new
product emerges.
NEERAJ GUPTA TAX CLASSES – 9266664949, 9810398903
‘Duty of excise’ has
been renamed as
Central Value
Added Tax
(CENVAT).
NEERAJ GUPTA TAX CLASSES – 9266664949, 9810398903
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