Excise duty on which goods

Privacy Policy. Terms and Conditions. M Helping Tax Payers Need Help? There are, of course, exclusions to the same. Some of the subsidiary organizations that function under the CBEC are as follows:.

The Central Government imposes excise duty on a number of products, not just on alcohol and narcotics. Some of them have been listed below:. Animal products: Live animals, meat, fish, molluscs, crustaceans, aquatic invertebrates, eggs, honey, other edible animal products.

Vegetable products: Plants, trees, roots, flowers, leaves, tubers, edible parts of vegetables. Miscellaneous products: Spices, citrus fruit peels, starch, malt, cereals, gluten, seeds, fodder, resins, gum, vegetable soaps, vegetable extracts.

Non-renewable sources: Products that are made out of non-renewable sources of energy such as metals and industrial chemicals. Excise Duty is a form of indirect tax that is levied on goods that have been manufactured in the country. It is levied by the government.

It ideally has to be paid by the manufacturer of goods at the time of introduction of goods in to the market. Thus, it is commonly referred to as manufacturing tax. Custom Duty , however, is an indirect tax that is levied on goods that are being sold in the country but have been manufactured outside India. Thus, it is applicable on goods sourced from other countries. VAT and Sales Tax are charged to a certain range of products, while the Excise Duty is charged on a relatively narrower product range.

On the other hand, Sales Tax and VAT are calculated as per the maximum retail price of products and services, but Excise Duty is calculated on a per-unit basis. The government imposes taxes on its citizens to ensure smooth running of the nation. Some taxes are imposed directly to the taxpayer, while the others are levied on an indirect basis. By charging excise duty, the government ensures that the entire manufacturing section is involved in the taxation.

These taxes that are charged can then be used as a means of controlling the sales of goods including alcohol and narcotic substances. If the manufacturer, liable to pay tax, does not end up paying the required excise duty, he could be charged a penalty in the form of a fine.

Moreover, he would cause a disruption of the flow in the organization plus mar the image of the organization. Excisable goods are valuated as per the provisions of Valuation under the specific section, Section 4, of the Central Excise Act, as well as the Central Excise Tariff Act, The former act is based on the normal pricing wherein the maximum retail price is not fixed as per the Central Government or in cases where the tariff values are not fixed for these articles.

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Select your location Change. Local sites. Connect with us. My EY log in. Kenya adjusts specific excise duty rates for inflation.

Subject Tax Alert. Jurisdictions Kenya. Link copied. The following tables set forth the new excise duty rates. Do you intend to declare the excise duties on behalf of a supplier in another EU country? In that case you will in certain cases need: an Authorisation for Distance Selling as a Tax Representative. Javascript is disabled in this web browser. You must activate Javascript in order to view this website.