what is the difference between excise duty and customs duty.
Answers were Sorted based on User's Feedback
Answer / punitthakur001
If we are manufacturing any goods this case we have to paid
tax, called excise duty (if good is excise able).
but when we import goods and pay duty, called custom duty.
Is This Answer Correct ? | 14 Yes | 1 No |
Answer / sandeep
Exice is applicable if manufacturing process is conducted.
refer Central Excise act 1944
Customs is the duty payable on imports,
Refer Customs act 1965
Is This Answer Correct ? | 13 Yes | 2 No |
Define push down accounting?
what's the mean by Imprest system? Please give me Replay on this no. 9885789716
what is rate of service tax for construction co?
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.
What is the ment of Classifying?
How many Accounting standards are there in India ?
Whst is the formula for getting the GOODWILl ??
what is the difference between financial accouning and financial management
why current ratio is 2:1.why it is not 100:1,10:1,20:1 in current ratio. please tell me....
What is the difference between consigner and consignee?
Why do you prepare a Trial Balance?
please explain all accounting concepts n conventions in detail