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?
Answers were Sorted based on User's Feedback
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 |
What is the difference where sales accounted exluding and including of vat, octrai, other taxes?
what is extra at actuals in excise duty. how 2 calculate them on basic price?
How to calculate entry tax ??(In karnataka) Pls advice me complete computation details.
how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?
How to do online submition of form 16 for the f.y-2007-08
Sir, An Awarder make part payment to the Contractor after deducting retention money @5%. The retention money will be paid to the contractor when the contract work is fully completed. Here my question is,when the Awarder has to deduct tax on retention money, at the time of deducting the retention money or at the time of payment of retention money when the contract is completed? Here "Tax" means Income Tax, VAT, Service Tax etc. Please reply Thanking You
what is procedure to get c form? what is procees to get vat /tin no
any change in service tax rate 10.3%?
how much tax would be deducted and interest can be gained on 15 lakhs by senior citizen?
what is the diffrence b/w TIN and CST both are same?
sir mai ek bar cst online tax payment kar raha tha to sar maine tac par na click kar ke interst par click kar di ho mai kya karu please give a anwers
The nature of taxation