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What is the meaning of Central Excise and State Excise Duty
& also want to know differnec between them
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Answer / tapan roy
Central Excise means what is collected by Central
Government.State excise means what is collected by state
government.Alchol,other narocotics goods are collected by
State Government.Oter all are collected by central
Government
| Is This Answer Correct ? | 18 Yes | 11 No |
Answer / satish
There is only one duty that central excise duty.there is no
state excise duty.But the act had given power to state
government to collect duty only on alcohal,liquor and some
specified products.non of these are collected by central
government.
| Is This Answer Correct ? | 6 Yes | 9 No |
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