EXTRACTS FROM THE CENTRAL EXCISE ACT, 1944 (1 OF 1944)

EXTRACTS FROM THE CENTRAL EXCISE ACT, 1944 (1 OF 1944)
Annexure
Bill
Annexure
Taxation Laws (Amendment) Bill, 2017
EXTRACTS FROM THE CENTRAL EXCISE ACT, 1944 (1 OF 1944)
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Definitions
In this Act, unless there is anything repugnant in the subject or context,-
(a) * * * * *
(d) "excisable goods" means goods specified in the First Schedule and the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) as being subject to a duty of excise and includes salt;
Explanation.-For the purposes of this clause, "goods" includes any article, material or substance which is capable of being bought and sold for a consideration and such goods shall be deemed to be marketable.
(e) "factory&qu

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