What is the meaning of Central Excise and State Excise Duty
& also want to know differnec between them
Answer Posted / tapan roy
Central Excise means what is collected by Central
Government.State excise means what is collected by state
government.Alchol,other narocotics goods are collected by
State Government.Oter all are collected by central
Government
| Is This Answer Correct ? | 18 Yes | 11 No |
Post New Answer View All Answers
Tell me what do you believe makes a successful account executive?
Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored
How calculate holding company account?
How to pass journal entry of gifts purchased for employee by using campany ATM card
what are the basic elements to prepare a quarterly information system and how to calculate that items?
What are the accounting entries for branch accounts?
What is an over accrual?
Do you know what qualities and skills make an account manager successful?
What is the networth percentage observe by banks
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
what is consumer product accoutning?
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm