What is the meaning of Central Excise and State Excise Duty & also want to

What is the meaning of Central Excise and State Excise Duty
& also want to know differnec between them

Question Posted / kaushik.tiwari

2 Answers
16336 Views
Genpact, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

What is the meaning of Central Excise and State Excise Duty & also want to know differnec betw..

Answer / tapan roy

Central Excise means what is collected by Central
Government.State excise means what is collected by state
government.Alchol,other narocotics goods are collected by
State Government.Oter all are collected by central
Government

Is This Answer Correct ?

18 Yes

11 No

What is the meaning of Central Excise and State Excise Duty & also want to know differnec betw..

Answer / satish

There is only one duty that central excise duty.there is no
state excise duty.But the act had given power to state
government to collect duty only on alcohal,liquor and some
specified products.non of these are collected by central
government.

Is This Answer Correct ?

6 Yes

9 No

Post New Answer

More Accounting General Interview Questions

What do mean by GL Reporting ?

1 Answers

how to individual capital account.

0 Answers

ambar became insolvent a dividend of 50 paise in rupee is received required journal entry for this transaction

1 Answers

iam working in small industry there some bills are not having even the shop name and contact.no. whether i should consider that expenses or not if yes, whether that bill attach with the voucher?

2 Answers

In accounting, are assets a permanent account?

0 Answers

what is the realtime work and process on provident fund(pf) as accountant?

1 Answers

What is BANK MSOD How to Prepare Bank MSOD.

2 Answers Infopower Technologies, QIS,

what is difference between job costing and process costing?

2 Answers

What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify

0 Answers Sharma and Company,

what is excise duty and what should be the entry of purchase and sale in account books of excise

3 Answers

What is amortization..? Any examples pls..?

3 Answers

we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.

0 Answers Milestone,

For more Accounting General Interview Questions Click Here