The central government has issued the Central Excise Act, 2024 to provide for levy and collection of duty of excise on goods manufactured or produced and for matters connected therewith or incidental thereto. As per the act, every person, who ––
- Produces or manufactures excisable goods; or
- Carries on trade, or stores goods in a warehouse; or
- Is desirous of availing Central Excise Duty Credit including an importer-
shall get himself registered with the Central Excise officer in such manner as may be prescribed.
