Which of the following is NOT includible in excise revenue within the meaning of Section 2(8) of the Chhattisgarh Excise Act?
Verified Answer
A. Duty
B. Fee
C. Penalty
D. Fine imposed by Court of law
Explanation:
Section 2(8) of the Chhattisgarh Excise Act, 1915, defines 'excise revenue' to include any duty, fee, tax, fine, or confiscation imposed or ordered under the provisions of the Act. A 'fine imposed by a Court of law' is a judicial penalty, distinct from administrative penalties or duties/fees collected as revenue under the Act.