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Excise Duty is a tax and CST is also tax then why CST on
excise duty while calculating to arrive total value of
supply order?
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Answer / sishrudhan
ED is levied on every stage of MANUFACTURING only,
While CST/VAT is on every subsequent sale.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rashmi
Excise duty is payable on goods which are manufactured,
movable , marketable & which are mentioned in tariff.Only
Excible manufacturing goods which cross the factory gate
attract Excise duty.
While CST/VAT applicable on subsequent sales on value
added.Tax applicable only if the sales is made.If goods lie
in godown tax is not applicable.
| Is This Answer Correct ? | 0 Yes | 0 No |
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