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what is the different between CST , VAT, and Excise Duty ?

Answer Posted / dhiraj singh

CST or Central Sales Tax is charged when there is Sale or
Purchase transaction between two or more states. Its also
known Inter State Sales.
VAT or Value Added Tax is charged when there is Sale or
Purchased transaction held with in a state. Its also known
Intra State Sales.
Excise Duty is charged in Import and Export.

Is This Answer Correct ?    35 Yes 61 No



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