What is the difference between state excise and central excise?

Excise duty on alcohol, alcoholic preparations, and narcotic substances is collected by the State Government and is called “State Excise” duty. The Excise duty on rest of goods is called “Central Excise” duty and is collected in terms of Section 3 of the Central Excise Act, 1944.

How can I become excise inspector in Delhi?

Selection Process of the examination: In order to be become Excise Inspector in the department concerned the candidates need to undergo the SSC (CGL) Examination. The examination is threefold consisting prelims and mains written examination along with personal interview round of the candidates.

Is excise duty still applicable?

Yes, excise duty has been subsumed by the Goods and Service Tax (GST) along with other indirect taxes. However, excise duty is still levied on certain items like petroleum and liquor.

Is excise duty a tax?

An excise or excise tax (sometimes called an excise duty) is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production or sale of a good. This tax is now known as the Central Value Added Tax (CENVAT).

Is excise duty removed?

No, excise duty is levied by the central government except on some items such as narcotics and alcohol. 3- Has GST subsumed excise duty? Yes, excise duty has been subsumed by the Goods and Service Tax (GST) along with other indirect taxes. However, excise duty is still levied on certain items like petroleum and liquor.

Who is liable to pay excise?

Ans: The term “Excisable Goods” means the goods which are specified in the first Schedule and the second schedule to the Central Excise Tariff Act, 1985 as being subject to Excise Duty. 6. Who is liable to pay Excise Duty? Ans: The manufacturer or the producer of goods is liable to pay Excise Duty.

What is an excise good?

Excise goods are goods on which UK excise duty is chargeable on importation or production in the UK and will be payable at the time the goods are released for consumption in the UK. Excise goods include: beer, wine, spirits and other alcohol products. cigarettes and other tobacco products.