Multiple choice

Which of the following is/are not exempted from excise duties of the centre?

(a) Water treatment plants (b) Medium industries (c) SSI (d) Cottage industries

  1. (a) and (d)

  2. Only (b)

  3. Only (c)

  4. (b) and (d)

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Water treatment and food processing are exempted. Likewise, certain establishments such as those generating employment viz. SSI, cottage and tiny industries are exempted from excise duty.