Solutions
● Excise duty can be charged for goods manufactured.
● Excise duty is a type of indirect tax. There are three types of excise duty basic excise duty,additional excise duty, special excise duty.
● This tax is also known as central value added tax(CENVAT).
● Excise duty is charged on animal products like meat, eggs, fish,honey etc. vegetable products like plants, trees, roots, flowers etc. miscellaneous products like spices, starch, cereals, gluten etc.
● Non renewable products like metals, industrial chemicals. It comes under the authority of Central Excise Act 1944.