Answer Posted / vinay kumar kharbanda
Excise duty is the tax on manufacturing activity controlled
by Central Government.Input excise duty & service tax on
input activities are adjustable with duty payable on
manufactured good whether it is marketable or to further
process required.
Vat is the tax on sale which is imposed by State
Government.Input local vat is adjustable with output vat.
| Is This Answer Correct ? | 16 Yes | 0 No |
Post New Answer View All Answers
what is the difference between tds tax code and tds tax type in sap fi
what is the vat rate of Saw dust powder in maharashtra
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
What is FBT & Service Tax Remittances?
what to in pro
How Many Category of VAT in West Bengal
Should we give C form with Freight, Insurance, P&F after CST?
DEFINATION OF LABOUR ACT?
what do you mean by cenvat? and in which is liable?
Is Work Contract Tax expenses for a company?
what is CST % applicable on garments sales to other state?
What is income tax? How is it calculated?
how to finalaze the balence process using tally