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How to excise columns charter

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Take a look at this picture. It poses a very fascinating puzzle for us. These African students are doing their homework under streetlights at the airport in the capital city because they dont have any electricity at home. Now, I havent met these particular students, but Ive met students like them. Lets just pick one -- for example, the one in the green shirt. Lets give him a name, too: Nelson. Ill bet Nelson has a cellphone. So here is the puzzle. Why is it that Nelson has access to a cutting-edge technology, like the cellphone, but doesnt have access to a 100-year-old technology for generating electric light in the home? Now, in a word, the answer is rules. Bad rules can prevent the kind of win-win solution thats available when people can bring new technologies in and make them available to someone like Nelson. What kinds of rules? The electric company in this nation operates under a rule, which says that it has to sell electricity at a very low, subsidized price -- in fact

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What goods are subject to excise?

The following products are known as excise goods: Alcohol/alcoholic drinks. Energy products and electricity. Tobacco products.

What is excisable goods under Section 2 D?

Section 2(d) in the Central Excise Act, 1944. (d) excisable goods means goods specified in 8[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; Select Language.

What are excisable goods examples?

Excise goods are: other products containing alcohol (for instance spirits) tobacco products (for instance cigarettes, cigars and pipe/cigarette tobacco) mineral oil (for instance petrol, diesel oil and LPG)

What are central excise duties?

Central excise duty is an indirect tax, i.e. each person, rich or poor, is liable to pay tax indirectly on purchase of goods which have already been charged to duty. This tax is administered under the authority of Entry 84 of Union List of the Seventh Schedule read with Article 226 of the Constitution of India.

What is as additional excise?

Additional Excise Duty It is a tax levied on all goods that are scheduled under Section 3 of the Additional Duties of Excise Act of 1957. This tax collected is shared between the state and central government and is levied instead of sales tax.

What are excisable goods in India?

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 a duty of excise and includes salt.

What are 4 examples of excise taxes?

Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.

What does excise duty mean?

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).

What are two examples of an excise tax?

Today, there are federal excise taxes on motor fuel, tobacco, and alcohol, among other goods, services, and activities, in addition to a wide range of state excise taxes.

What is excisable goods?

Excise goods include: beer, wine, spirits and other alcohol products. cigarettes and other tobacco products. mineral (hydrocarbon) oils, including heating oils and motor fuels.

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