what is the different between CST , VAT, and Excise Duty ?
Answers were Sorted based on User's Feedback
Answer / rohit jha
CST,VAT and Excise Duty is indirect tax,but when we sale &
purchase from one state to other state then use CST Tax,in
local sale purchase use vat,and excise duty charge on
manufacturing unit.
Is This Answer Correct ? | 38 Yes | 1 No |
Answer / sreedhaam
Yes, I agree with Rohit,Excise duty will calculate on Basic
price of produt after add the ed.cess we have to calculate
VAT(for AP Sales/Purchases) for CST out of AP we have to
calculate.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / guest
CST is OMs, VAT is interstate, Excise duty on manufature goods
Is This Answer Correct ? | 2 Yes | 8 No |
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