What is Excise & Service Tax ?
What's Diffarance Excise & Service Tax ?

Answer Posted / uday

Excise is applicable on manufacturing & trading goods.
Service tax is any services relation i.e. transporter,
labour work, testing etc.

Is This Answer Correct ?    10 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you understand by transfer income?

650


What is difference between Contract and legel and legel and profession service???? I had face this question in interview

1782


We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

1749


what difference in motvat & cenvat? and why this prepared?

1789


Dear Experts, Please advice, what are the rate of WCT , and is it differ from individual to companies in case of deduction ( if i am the deducting person)

1317






Is wct charged on firm or proprietors ?

1120


My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?

1809


what the procedure of filing mvat pls. explain in briefly ?

1780


How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?

5883


I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

1818


what to in pro

1767


Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.

2979


If a nri buys property in india, does he has to pay property tax?

690


where is applicable WCT & what is limitation for applicable it on company.

1400


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?

1629