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What is Excise & Service Tax ?
What's Diffarance Excise & Service Tax ?
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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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
hi how much deducted tds on intrest,rent,contract, subcontract, what is the new rat of tds?
if i have 180000/- salary per annul so how much i have to pay itr. and i havet pay any itr so what is the procedure for minimum salary tax.
Sir, I attended infrastructure company but my question is For example: Basic value- 100000 sevice tax 14500 total bill value 114500 What is the tds amount?
in L & T they asked me about service tax question in which situation when we take service from others & we paid billing amount yet we cant take credit service tax but we paid service tax on behalf of others party.
When calculating tds on bill ,TDS need to be calclated on "Base Amount" or "Base Amount"+ "Vat Amount" ? please answer with relevant provision
What is TDS and why we deduct it?
I am an registered dealer in Rajasthan State, and I am selling goods out of Rajasthan to a registered/unregistered dealer without 'c' form. What cst will be charged on it?
procedure of service tax
Taxable and Exempted goods sale to pondicherry via bill no.1 and bill no.2 I received the C form for taxable bill no.1. But, C Form not received for Exempted bill no.2. It is required or not?
If the total material cost of secondary steel products @ BSL, Jharkhand, is Rs.30 lacs exclusive of VAT @ 4%, ED @ 8.24%, TCS @ 1%, and the buyer is registered under the Company's Act, 1956 in Bihar, and carrys VAT & CST certification but no ED registration, then what would be the proforma of purchase invoice ? And if the Buyer sells the above materials with the conversion charges or profit of Rs.5 lacs within Bihar, what would be the proforma of Sale Invoice ?
can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case
can we clarify any questions/doubts raised by other persons
Audit 
