what is diffrant betwwen exice duty & sale tax

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Question

what is diffrant betwwen exice duty & sale tax

Question Submitted By :: Jaggu24

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Answer Posted By

Re: what is diffrant betwwen exice duty & sale tax

Answer
# 1

Exice duty is of Central Govment and Sales tax of State 
Govmrnt.

Is This Answer Correct ?

7 Yes

1 No

Sanjeev

Re: what is diffrant betwwen exice duty & sale tax

Answer
# 2

Excise Duty is of Central Government Tax and Refundable 

Sale Tax is State Government and not refundable left Vat.

Is This Answer Correct ?

2 Yes

2 No

Ajit Yadav

Re: what is diffrant betwwen exice duty & sale tax

Answer
# 3

Excise duty is the tax on manufacturing activity controlled 
by Central Government.Input excise duty & service tax on 
input activities are adjustable with duty payable on 
manufactured good whether it is marketable or to further 
process required.
Vat is the tax on sale which is imposed by State 
Government.Input local vat is adjustable with output vat.

Is This Answer Correct ?

3 Yes

0 No

Vinay Kumar Kharbanda

Question	Asked @	Answers
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