what is the difference between excise duty and customs duty.
Answer Posted / sandeep
Exice is applicable if manufacturing process is conducted.
refer Central Excise act 1944
Customs is the duty payable on imports,
Refer Customs act 1965
Is This Answer Correct ? | 13 Yes | 2 No |
Post New Answer View All Answers
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
What are the four classifications of bad and doubtful debts as per the context of the bank?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
Define offset accounting?
Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?
Explain me what is general ledger account?
Private purchases amounting to rs 5000 have been debited to purchases account
WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?
What are the accounting entries for branch accounts?
What is definition of a cash float in accounting?
Tell us what do you believe should be an important quality of an account executive?
Tell me what do we mean by purchase return in accounting?
how can i settle the party ac with cr & dr
why only 6 months interest is charged on drawings
Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-