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

Answer Posted / sanjay chadha

Service tax : Tax on the services provided. i.e. on
intengible things.

Excise : Tax on goods produced i.e. Tangible things

Is This Answer Correct ?    62 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why service tax payable is not considered while calculating Wct Tds.

3772


In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in

1436


how to caluclate the central exicse duty? how to implemting in to tally ERP9?

1608


If any new form open than we are able to deduct TDS on first year

1804


How do you plan to achieve these goals?

1902






If we taken TIN No.for sale in intra & interstate , CST No.also required to take? ?

1201


I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries

2143


Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service

1759


kindly advise me any set off in excise duty in maharashtra

1238


which items should be covered the Entry Tax by HP Govt instead of Purchased

1441


Define previous year.

676


How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me

1640


what is reverse credit & how it is calculated in vat law in west bengal?

8526


what is the full rate of cst/vat of building material ?

1998


Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.

1608