what is the difference between excise duty and customs duty.

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what is the difference between excise duty and customs duty...

Answer / punitthakur001

If we are manufacturing any goods this case we have to paid
tax, called excise duty (if good is excise able).

but when we import goods and pay duty, called custom duty.

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what is the difference between excise duty and customs duty...

Answer / sandeep

Exice is applicable if manufacturing process is conducted.
refer Central Excise act 1944

Customs is the duty payable on imports,
Refer Customs act 1965

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what is the difference between excise duty and customs duty...

Answer / anoop.m

if we are purchased materials from direct manufaturing companies, that time we want to pay the excise duty to the company.
customs duty means we purchase some items from outside India that time we have to pay the customs duty charge.

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