Answer / ashid puzhakkal

Central Excise duty is the levy paid by the manufacturer of
the products to the Govt.

Answer / indrajit sarkar

The meaning of Central Ecise,that the duties of Central
Excise are levied and collected by the Goverment of India
only on Production or Manufacture. It is one of the Inirect
Taxes by charecter as the manufacturers can shift the
incidence of the Central Excise duty on the Consumers.

Answer / sutapa samanta

This is an indirect tax payable to Govt of India which is
levied on manufacturing goods/commodities.

Answer / selvam s

Any goods manufacutred in India attracts Excise Duty and
this indirect tax is payale on removal of goods through
excise invoice from the manufacturers place.

Answer / saurabh arora

This is the indirect tax levied on manufacturer which is
payable to Govt. of India. The manufacturer adds the this
tax on its cost thus it finnaly passed to the customer.

Answer / deepakshi

when a manufacturer produces goods then he has to pay some duties & taxes to the government before exporting the goods then only he can get the clearance from custom authorities.

Answer / suresh.s

central excise is a tax on act of manufacture or production of excisble goods

Answer / r.umashankari

it is a type of indirect tax levied on manufacturer , which
he pays to the government . current percentage of excise is
16% with educational cess 2%.

Answer / rike

it is a type of indirect tax that government levied from the
consumer indirectly.the tax was supposed to be paid by the
producer to the government but instead of paying directly to
the government the producer pays it indirectly by increasing
the price of commodities esp. oil,fuel etc.

Answer / xyz

when a manufacturer produces goods then he has to pay some
duties & taxes to the government before exporting the goods
then only he can get the clearance from custom authorities.

what is TDS

4 Answers  

my tds has been deducted for financial year 2008-2009,will i get tds certificate for that and when,what is the use of the certificate

1 Answers  

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0 Answers   Cholamandalam DBS,

WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY

0 Answers  

what is perquisite? what do you mean by gratuity?

2 Answers  

what is the latest percentage of work contract service Tax with Edu cess

2 Answers  

Anybody please explain me what is Branch Transfer and its implications with example.

3 Answers  

we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.

0 Answers   StoveKraft,

Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P

0 Answers  

Please anybody tell what is a entry for Sales Tax & Income Tax refund received.

2 Answers  

How to do entry for Income Tax Refund ?

1 Answers  

I am late for deposit the service tax about 120 days. the amount of S.T. is 48115 What is the Intrest on 48115.

5 Answers