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Budget in graphics: Excise duty

Budget in graphics: Excise duty


Excise duty: An inland tax levied on the products manufactured and consumed within the country. It is an indirect tax. Some examples of an excise duty are the tax imposed on alcohol as well as cigarettes.

Story first published on: February 22, 2013 18:29 (IST)

Tags: Union budget, Budget 2013, excise duty

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