Sir, I want to know ...
What is excise duty ?

Answers were Sorted based on User's Feedback



Sir, I want to know ... What is excise duty ?..

Answer / ritu madaan

excise duty is the duty which is leveid on production.

Is This Answer Correct ?    20 Yes 2 No

Sir, I want to know ... What is excise duty ?..

Answer / rakesh

Excise duty is an indirect tax, which is imposed on the
goods produced or manufactured in india

Is This Answer Correct ?    17 Yes 3 No

Sir, I want to know ... What is excise duty ?..

Answer / nisha

excise duty is an indirect tax leviable on production of
goods.Such duty is collected at the time of removal of
goods at the rate enforce on the date of removal

Is This Answer Correct ?    5 Yes 0 No

Sir, I want to know ... What is excise duty ?..

Answer / sanjay kumar

Excise Duty is The Indirect Tax.
Which is levied on the good manufactured in india.
Levied at the time of removal from the factory, warehouse
or such other Place.
goods Manufactured must be Movable and the nature of goods
manufactured is seperate from the goods which is used as
input in the manufactureing of such goods.
Rate of Duty on goods Manufactured should be levied as per
mantioned in CETA (Ceneral Excise Tax Act).
Rate of Duty should be apply for the Date of Removal.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Audit Interview Questions

does current year losses of rs 500000 prove that a company lacks going concern

5 Answers  


What is a professional?

0 Answers   Ernst Young,


what is pert(project evaluation and review techniques)?

1 Answers  


Why should we have three Accounting Principles(personal, real & nominal) instead of one

1 Answers  


Expand---------RDES

1 Answers  






I 've Tally7.2 in my pc & i have Data from 2005 but my Auditor wants only data from 2008 -2009 How do i send that years data i means from 2008 -2009

4 Answers  


what are the cost audit and management audit?

2 Answers  


What do you find is the most challenging part of your job ?

0 Answers   Ernst Young,


how many types of Balance sheets?

5 Answers   IOCL, Kalanikethan,


Interstate purchase fixed assets against "c" form how can i enter this bill. Party value:- 2000000 Cst :- 40000 Machinery:- 2040000

2 Answers  


What the meaning of Computer Auditing.

3 Answers   emc2,


Why do you choose Auditing ?

0 Answers   Ernst Young,


Categories