what is excise duty

Answers were Sorted based on User's Feedback



what is excise duty..

Answer / swathi

excise duty is a tax on the manufacture of goods within the
country.

Is This Answer Correct ?    14 Yes 0 No

what is excise duty..

Answer / parveen kumar

Excise Duty is charged by production

Is This Answer Correct ?    12 Yes 1 No

what is excise duty..

Answer / ranjeet prasad

Excise Duty is an indirect tax...when any company produce
or manufacture any goods/product then pay tax on that
particular goods/product..that is known as Excise duty..

Is This Answer Correct ?    10 Yes 0 No

what is excise duty..

Answer / b.sridhar rao

Excise duty is a tax on the manufacture or Production Of
goods.The duty attaches when a new and identuifiable
product comes into existence, and it should be Coomercially
marketable.

Is This Answer Correct ?    4 Yes 1 No

Post New Answer

More Taxation Interview Questions

on earth moving road work which type of tax is applicable?

0 Answers   Afcons,


Is VAT & CST should be charged on Freight charges or not.

15 Answers   LGC Promochem, Rajat Cement, RCC Laboratories India Private Limited,


What is Profession?

3 Answers  


AOP meana association of persons which includes individuals BOI means association of individuals .so my question is how to recognize a client whether he is aop or boi when he is a associaton of INDIVIDUALS.I will be helpful to those answered my question

2 Answers   OCL,


What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ? What is means by ESI ? How to calculate ESI ? ESI challan or form No. ? What is means by sales tax (vat also)? How to calculate Sales tax (vat also)? Sales tax form no. (vat also) ? What is means by TDS ? How to calculate TDS ? TDS Form No. ?

3 Answers   Avery Dennison, Sukhbir Agro Energy,






Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-

1 Answers  


how to calculate T.D.S on the basis of current I.Tax slab if the monthly salary is 50,000 p.m.

8 Answers  


type of sale and purchase tax?

0 Answers  


What is the difference between a TDS and an income tax?

7 Answers   TATA,


WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING

0 Answers  


What is meant by CST? What is use of that? Does we use the one state CST certificate to all over India? or else Will we apply CST for each and every state?

2 Answers  


What are the capital gains exempt from Tax?

2 Answers  


Categories