Rule 2
Definitions
Unless the subject or the context otherwise requires, in
these Rules, –
(a) “Act” means the Excise Duty Act, 2058 (2001).
(b) “Licensee” means the person, firm, company or organization having obtained license, pursuant to Rule 4, to manufacture, import, sell or store the product subject to excise duty or to render the service subject to excise duty.
(c) “Warehouse” means the place where the product subject to excise duty is stored without paying excise duty.
(d) “Office” means the office established under the Department, and this term also includes any office specified by Government of Nepal for collecting and recovering excise duty.
these Rules, –
(a) “Act” means the Excise Duty Act, 2058 (2001).
(b) “Licensee” means the person, firm, company or organization having obtained license, pursuant to Rule 4, to manufacture, import, sell or store the product subject to excise duty or to render the service subject to excise duty.
(c) “Warehouse” means the place where the product subject to excise duty is stored without paying excise duty.
(d) “Office” means the office established under the Department, and this term also includes any office specified by Government of Nepal for collecting and recovering excise duty.