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Economic and Social Development - 2
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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
AnswerClick to flip back
A
Only (b)
💡 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.