Do you have any knowledge in Excise sales tax?
Answers were Sorted based on User's Feedback
Answer / devendar
An excise is considered an indirect tax
A tax on a good produced for sale, or sold, within a country or licenses for specific activities
It is also called as production or manufacturing tax, as this tax is levied upon production of an item and the manufacturer has to pay it. The end customer who buys the product is not liable to pay this tax.
Excise duty is levied on a number of products – for example, various alcoholic drinks and tobacco products – over and above VAT. A sample tax code can be as 10% VAT + 40% excise duty.
excise duty is levied by central government
Is This Answer Correct ? | 2 Yes | 1 No |
What is the t.code and steps of preparing trail balance in sap?
I have a customer and I have a special agreement with him that he always come to my premise and takes delivery and making by cash. In this case instead of debiting customer you have to debit the cash account. Is this possible ? If so how and why and If not how and why ?
Why different G/L have different field status group.
Do you know client copy?
pls send me the cofigurtion of withholding tax bec i do not have kowladge fo configuration.pls send me brifly.
what is the difference between master data and config data ??
What is the use of value field in the co-pa module? : cost center accounting
when i was making general Credit note i had gate a error. error K is not defined.
what is the use of document types
what is field status group what does it control.
Hi Experts, What is Auto Debit in SAP? please of any body know let me know the answers Regards, Inthiyaz
what is the differnce between MTO AND MTS process?