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What is Excise & Service Tax ?
What's Diffarance Excise & Service Tax ?
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Answer / 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 |
Answer / uday
Excise : excise apply for mnunufature compy example
textile ,excise tax on good produced
service tax tax on the service provied the rate of service
tax 12.36 %
| Is This Answer Correct ? | 39 Yes | 14 No |
Excise is tax for goods manufacturing and service tax if
tax on service provided both are under Control CENTRAL
EXCISE & CUSTOMS DEPT.
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / shiwani vaishnav
Central Government has lieved Excise Duty @14.42% w.e.f 1st
march 2008, earlier it was 16.48%, government has lieved
Excise duty only to those who are in the manufacturing unit
e.g (manufacturing , mining, textiles, any goods which are
to be produced). Service tax is also lieved by Central
Government it is charged @12.36% earlier it was 8% then 10%
and now it is 12% (extra ed cess+ S.H.Ed cess) on providing
service to the customer who is availing the benefit of any
kind of service and payable by the service provider on
every 5th of the month.
| Is This Answer Correct ? | 17 Yes | 5 No |
Answer / mayur. r. dodiya
Excise:- is one of the tax received by goverment.this duty
is a tax levied on the producer of certain goods,
commodities and activities. this tax is now known as the
Central Value Added Tax (CENVAT).
Service tax:- is a tax levied on service providers in
India, except the State of Jammu and Kashmir.
The responsibility of collecting the tax lies with the
Central Board of Excise and Customs(CBEC). Central Board of
Excise and Customs (CBEC) is a part of the Department of
Revenue under the Ministry of Finance, Government of India
as per this defination you can think about different
between both of this.
| Is This Answer Correct ? | 14 Yes | 2 No |
Answer / uday
Excise is applicable on manufacturing & trading goods.
Service tax is any services relation i.e. transporter,
labour work, testing etc.
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / nataraj
service tax:tax on only for service charges
exicse duty: only for manufactured goods
by
nataraj ms
9964543048
| Is This Answer Correct ? | 7 Yes | 3 No |
Answer / arvind kumar
Excise is the tax which is the resposibility of the
manufacturar to deduct from the customer & submit the tax
to the Govt.Erate is 8 % These days. Service tax is the tax
which is deducted by the service providor from the service
taker & submit it to the Govt.For Example-Advocate,
Doctor,Telephone service providor, crane service provider.
But in the both cases the radistration of both should be
must.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / robin goyal
Service Tax .: Service Tax only For Service Charges. As.
TransPotr, Doctor , C.A E.T.C But Apply the more Condition.
Excise Duty .: Excise Duty Only for Manufacturing Goods.
But Provided that Company Trun Over Above 1.5 Crore. Than
Govt. Calculated Excis Duty
| Is This Answer Correct ? | 0 Yes | 2 No |
What is the procedure for Sales Tax Filing? which can come under this head. whn we file it? wat r all the materials to be submitted? For eg: i hav a company named 'A'in chennai. my branch 'b' is in Bangalore. the sales made in bangalore can be (come for sales Tax Filing)filed in chennai? and also the purchase from bangalore can be(Sales tax filing) filied in chennai?
4 Answers ABC, Agon, Marketing Sales, Mindlogicx,
Dear friends, can A trading firm register with excise? i want to know all about excise.
What is the Difference between Previous Year and Preceding Previous Year?
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Please tell me about service tax? And service tax latest rate?
30 Answers CDS Technologies, Decoplast, Goods Transport, Jay International, TATA, The Institute of Computer Accountants,
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