Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / harrie007
follwing are the prerequisites to held a product to be
Excisable:-
1. goods must be movable
2. must be marketable (i.e. capable of being sold and
purchased in the open market)
3. they must be manufactured or produced (i.e. they should
not be constructed or anything else)
4.they must be manufactured or produced in India only.
5. the goods must be mentioned in CETA (Central Excise
Tariff Act)
Hence, if the above 5 conditions are satisfied the product
is Excisable.
| Is This Answer Correct ? | 14 Yes | 1 No |
Post New Answer View All Answers
Who advance tax is the asset for company? What are the accounting entries of advance income tax
I have working with Rs.180000/- I want fill up itr 1st time What is process.
how & on which amt tax should be calculate on pvt ltd company or ltd company
agar hum koi sale return 3 month ke andar hi receive krte hai or part uski cst purchase ka bill deti hai or humse c form mangti hai to kya hum use LS-10 me tax benefit ke liye and LP-3 me c form issue krne ke liye kyoki central purchase ka haryana vat me benefit nhi milta kya dono form LP-3 and LS-10 me hum us return ko show kar skte hai
What is the difference between fund flow vs. Cash flow?
What is excise & service tax?
ON WOODEN FURNITURE EXCISE IS APPLICABLE OR NOT ?
What is Vat and how it is adjustable with input vat and what return form required for DVAT?
A individual advocate recievs legal fees. is he liable to pay service tax @ 12.36% on it?
What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?
a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?
What is process CST & Custom Duty Handle in tally Erp 9, with example.
What are allowable and dis-allowable expenditure?
