What are Nil Rated Goods and Exempted Goods?


What are Nil Rated Goods?

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Are Nil Rated goods excisable goods?

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What are Exempted Goods

These are goods which are mentioned in CETA , rate of duty against them is also mentioned against them but excise duty has been exempted by government by issuing exemption notification

Whether Exempted goods are excisable goods?

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  1. Indirect Tax
  2. Excise

About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 11 years. He also provides Accounts Tax GST Training in Delhi and Pune.