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what is the difference between Excise duty and Custom duty?
and direct cost and Indirect cost with examples?
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Answer / vekaashini
excise duty will be paid,when we are manufacturing
goods,Custom dutied will be paid,when we are importing and
Exporting goods
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / babita
excise duty is levied by the federal or central government
on manufecturing of goods within the country wheareas Custom
duty is charged on goods imported from other countries.
| Is This Answer Correct ? | 13 Yes | 1 No |
Answer / akhilesh thakur
Excise Duty has been levied on the manufacturing of goods
however custom duty has been levied on import or export of
the goods.
Direct cost are those expenses which incured in the process
of saling the goods or products however the indirect
expenses which are basicaly administrative nad facilitation
expenses.
| Is This Answer Correct ? | 7 Yes | 0 No |
exp: bricks 4000*5% =200 is input it can be add GP @ 10%. So it cane be 200*10% = 220 output Then 220-200 = we pay only 20. It is correct or not Regards G.Kamal
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