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what is the difference between Excise duty and Custom duty?
and direct cost and Indirect cost with examples?
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Answer / vekaashini
excise duty will be paid,when we are manufacturing
goods,Custom dutied will be paid,when we are importing and
Exporting goods
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / babita
excise duty is levied by the federal or central government
on manufecturing of goods within the country wheareas Custom
duty is charged on goods imported from other countries.
| Is This Answer Correct ? | 13 Yes | 1 No |
Answer / akhilesh thakur
Excise Duty has been levied on the manufacturing of goods
however custom duty has been levied on import or export of
the goods.
Direct cost are those expenses which incured in the process
of saling the goods or products however the indirect
expenses which are basicaly administrative nad facilitation
expenses.
| Is This Answer Correct ? | 7 Yes | 0 No |
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Dear Sir, i am doing excise part, now I have a dout Please clarify any one. my question is I submitted July month return in before 10th August. But we sold material in july to x party excise value 12% - 1000, 2% - 20 and 1% - 10 Rupees respectively, we paid this amount in the same month it's no problem sir. but now x party reject the material and invoice in september month. may i adjuste above paid amount in september month return? How can i adjuste and where can i metione this details in Excise return? please give answer it's help full for me. Advance thanks for every one reply.
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