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I want to know about the excise and service tax, what is
service Tax and Excise duty, when we use them in
proffessional life?
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Answer Posted / rajesh deshmukh
Excise is a tax levied by Central Government on
manufacturing of goods, while service tax is to be levied
on providing specified services. Both are indirect taxes
which are indirectly passed on to the end user.
| Is This Answer Correct ? | 8 Yes | 0 No |
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