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what is the difference between CST, VAT, SALES TAX, EXCISE
DUTY, CUSTOMS DUTY
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Answer Posted / gopalakrishna rai u
EXCISE DUTY IS A DUTY LEVIED ON PRODUCTION AND MANUFACTURE OF GOODS
IN INDIA.
GOODS WHICH ARE LIABLE FOR EXCISE DUTY MENTIONED IN CENTRAL EXCISE TARIFF ACT-1985
VAT is a sales tax collected by the government (of the state in which the final consumer is located) – which is the government of destination state on consumer expenditure.
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