what is the difference between Excise duty and Custom duty?
and direct cost and Indirect cost with examples?

Answers were Sorted based on User's Feedback



what is the difference between Excise duty and Custom duty? and direct cost and Indirect cost with ..

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

what is the difference between Excise duty and Custom duty? and direct cost and Indirect cost with ..

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

what is the difference between Excise duty and Custom duty? and direct cost and Indirect cost with ..

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

Post New Answer

More Taxation Interview Questions

Under what circumstances income of a person can be assessed in the same year in which it is earned

0 Answers  


What should be the TDS Deduction for technical consultancy received from Malta to an Indian Company

2 Answers  


Our Factory in Gurgaon(Hrayana) & our another Branch(Shop)in Delhi.we are stock transfer factory to branch so what form we used & why.Please send me my mail id-rabinayak30@yahho.co.in Thanks(RABI)

2 Answers  


life memebership fees receved by an non profit organisation is treated as: 1)Revenue Receipt 2)capital receipt 3)deferred revenue receipt 4)both revenue and capital receipt

1 Answers  


In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

0 Answers  






WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.

0 Answers  


What Is The Chart Rate For Deduction Of TDS On Salary

3 Answers   ADS, Petrochemicals, Real Estate,


what is the rate of tax, when goos purchased from outside the state without way bill

1 Answers  


sir can u please provide me knowledge about all the direct tax and indirect tax

3 Answers   Genpact,


Wether TDS is deducted if its jobwork and VAT is charged on that

1 Answers  


for the deduct of tds on rent including service tax or not

2 Answers   Ernst Young,


I am trader & my office in Delhi & I have any Material purchase from Puna & I want directly dispatch material from Puna to Ludhina which my customer. So what can I do this transaction ? & what will the tax pay.

2 Answers  


Categories