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What is Excise & Service Tax ?
What's Diffarance Excise & Service Tax ?

Answers were Sorted based on User's Feedback



What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / sanjay chadha

Service tax : Tax on the services provided. i.e. on
intengible things.

Excise : Tax on goods produced i.e. Tangible things

Is This Answer Correct ?    62 Yes 6 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / uday

Excise : excise apply for mnunufature compy example
textile ,excise tax on good produced


service tax tax on the service provied the rate of service
tax 12.36 %

Is This Answer Correct ?    39 Yes 14 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / mohd abdul qader

Excise is tax for goods manufacturing and service tax if
tax on service provided both are under Control CENTRAL
EXCISE & CUSTOMS DEPT.

Is This Answer Correct ?    16 Yes 3 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / shiwani vaishnav

Central Government has lieved Excise Duty @14.42% w.e.f 1st
march 2008, earlier it was 16.48%, government has lieved
Excise duty only to those who are in the manufacturing unit
e.g (manufacturing , mining, textiles, any goods which are
to be produced). Service tax is also lieved by Central
Government it is charged @12.36% earlier it was 8% then 10%
and now it is 12% (extra ed cess+ S.H.Ed cess) on providing
service to the customer who is availing the benefit of any
kind of service and payable by the service provider on
every 5th of the month.

Is This Answer Correct ?    17 Yes 5 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / mayur. r. dodiya

Excise:- is one of the tax received by goverment.this duty
is a tax levied on the producer of certain goods,
commodities and activities. this tax is now known as the
Central Value Added Tax (CENVAT).

Service tax:- is a tax levied on service providers in
India, except the State of Jammu and Kashmir.
The responsibility of collecting the tax lies with the
Central Board of Excise and Customs(CBEC). Central Board of
Excise and Customs (CBEC) is a part of the Department of
Revenue under the Ministry of Finance, Government of India

as per this defination you can think about different
between both of this.

Is This Answer Correct ?    14 Yes 2 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / uday

Excise is applicable on manufacturing & trading goods.
Service tax is any services relation i.e. transporter,
labour work, testing etc.

Is This Answer Correct ?    10 Yes 2 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / nataraj

service tax:tax on only for service charges

exicse duty: only for manufactured goods



by
nataraj ms

9964543048

Is This Answer Correct ?    7 Yes 3 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / arvind kumar

Excise is the tax which is the resposibility of the
manufacturar to deduct from the customer & submit the tax
to the Govt.Erate is 8 % These days. Service tax is the tax
which is deducted by the service providor from the service
taker & submit it to the Govt.For Example-Advocate,
Doctor,Telephone service providor, crane service provider.
But in the both cases the radistration of both should be
must.

Is This Answer Correct ?    1 Yes 0 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / kulwant singh

I agree from Uday.

Is This Answer Correct ?    1 Yes 0 No

What is Excise & Service Tax ? What's Diffarance Excise & Service Tax ?..

Answer / robin goyal

Service Tax .: Service Tax only For Service Charges. As.
TransPotr, Doctor , C.A E.T.C But Apply the more Condition.

Excise Duty .: Excise Duty Only for Manufacturing Goods.
But Provided that Company Trun Over Above 1.5 Crore. Than
Govt. Calculated Excis Duty

Is This Answer Correct ?    0 Yes 2 No

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