what is meaning the central excise duties

Answer Posted / r.umashankari

it is a type of indirect tax levied on manufacturer , which
he pays to the government . current percentage of excise is
16% with educational cess 2%.

Is This Answer Correct ?    35 Yes 11 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)

965


I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5427


OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?

2411


Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?

1396


Dear sir, mu question is that can one lunch (Tiffin) provider person mention both vat or service tax on his bill. pls. give me answer. EXPLAIN BRIEFLY.

2711






who will able to deduct the tds

5131


If forth alphabet is f then what is TDS percentage ?

342


Define assessment year.

733


IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.

1421


Hellow this is ravindra wanted to know about excise duty rates pls suggest

1485


what is fbt@ ,sd @

1729


Differentiate between financial year, assessment year and previous year?

805


if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.

2516


i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible

1487


80DD Dediction

1428