Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

  1. Categories >> Accounting >> Taxation
  2. Suggest New Category

Excise Duty is a tax and CST is also tax then why CST on
excise duty while calculating to arrive total value of
supply order?

Question Posted / sk

Answers were Sorted based on User's Feedback



Excise Duty is a tax and CST is also tax then why CST on excise duty while calculating to arrive..

Answer / sishrudhan

ED is levied on every stage of MANUFACTURING only,
While CST/VAT is on every subsequent sale.

Is This Answer Correct ?    1 Yes 0 No

Excise Duty is a tax and CST is also tax then why CST on excise duty while calculating to arrive..

Answer / rashmi

Excise duty is payable on goods which are manufactured,
movable , marketable & which are mentioned in tariff.Only
Excible manufacturing goods which cross the factory gate
attract Excise duty.
While CST/VAT applicable on subsequent sales on value
added.Tax applicable only if the sales is made.If goods lie
in godown tax is not applicable.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

WHAT IS CST

6 Answers  

is provision for bad and doubtful debts an operating cost?

2 Answers  

when Form-16 and Form-11 issued? what is difference in these two?

2 Answers   Sabic,

what is income tax?

7 Answers  

What is PLA Account & briefly say the central excise returns, due dates & entries

8 Answers   Apex,

When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Amount"+ "Vat Amount" ? please answer with relevant provision

4 Answers  

What is Sec 10A under Income Tax.

1 Answers  

Tds return other than salary form.

5 Answers   Accounting, TCS,

A is a seller from Hyderabad and Bayer is also from Hyderabad. can issue the c form?

2 Answers   CTS,

Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?

0 Answers   Unitech,

what is present service tax rates?

6 Answers  

TDS Form for salary whose salary less than 150000/-

5 Answers   TCS,

For more Taxation Interview Questions Click Here
Categories