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Q. > Please Help: EXCISE DUTY PAYABLE
IF A COMPANY PURCHASE A PLASTIC WATER BOTTLE FROM ANOTHER ENTERPRISE AND PUT BRAND NAME WHICH HE HAS ACQUIRED THROUGH LICENSE AGREEMENT THEN DOES IT IS LIABLE TO PAY EXCISE IF YES, THEN WHAT WILL BE THE PRICE ON WHICH EXCISE IS PAYABLE N WHY IT IS SO COVER UNDER EXCISE THOUGH PLASTIC BOTTLE WEN ENTERED IN THE FACTORY ONLY FOR AFFIXING BRAND NAME SATISFY THE BASIC REQUIREMENT MARKETABLE AND MOVABLE GOODS
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