Central excise duties, imposed by the Union Government, apply to goods manufactured or produced within and consumed within the country. In contrast, state excise duties are specific to items like alcoholic drinks and opium. The list of goods subject to central excise duties is detailed in the Schedule to the Central Excise Tariff Act, 1985 (Act 5 of 1986), effective February 28, 1986. This comprehensive Tariff Act covers all manufactured or produced commodities in the nation. Central excise duty is an indirect tax, applicable to all individuals regardless of financial status, incurred indirectly on purchases of duty-charged goods.
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