Follow Our FB Page << CircleMedia.in >> for Daily Laughter. We Post Funny, Viral, Comedy Videos, Memes, Vines...


what is meaning the central excise duties

Answers were Sorted based on User's Feedback



what is meaning the central excise duties..

Answer / ashid puzhakkal

Central Excise duty is the levy paid by the manufacturer of
the products to the Govt.

Is This Answer Correct ?    203 Yes 22 No

what is meaning the central excise duties..

Answer / indrajit sarkar

The meaning of Central Ecise,that the duties of Central
Excise are levied and collected by the Goverment of India
only on Production or Manufacture. It is one of the Inirect
Taxes by charecter as the manufacturers can shift the
incidence of the Central Excise duty on the Consumers.

Is This Answer Correct ?    163 Yes 23 No

what is meaning the central excise duties..

Answer / sutapa samanta

This is an indirect tax payable to Govt of India which is
levied on manufacturing goods/commodities.

Is This Answer Correct ?    106 Yes 3 No

what is meaning the central excise duties..

Answer / selvam s

Any goods manufacutred in India attracts Excise Duty and
this indirect tax is payale on removal of goods through
excise invoice from the manufacturers place.

Is This Answer Correct ?    69 Yes 11 No

what is meaning the central excise duties..

Answer / saurabh arora

This is the indirect tax levied on manufacturer which is
payable to Govt. of India. The manufacturer adds the this
tax on its cost thus it finnaly passed to the customer.

Is This Answer Correct ?    54 Yes 4 No

what is meaning the central excise duties..

Answer / deepakshi

when a manufacturer produces goods then he has to pay some duties & taxes to the government before exporting the goods then only he can get the clearance from custom authorities.

Is This Answer Correct ?    36 Yes 5 No

what is meaning the central excise duties..

Answer / suresh.s

central excise is a tax on act of manufacture or production of excisble goods

Is This Answer Correct ?    34 Yes 4 No

what is meaning the central excise duties..

Answer / r.umashankari

it is a type of indirect tax levied on manufacturer , which
he pays to the government . current percentage of excise is
16% with educational cess 2%.

Is This Answer Correct ?    35 Yes 11 No

what is meaning the central excise duties..

Answer / rike

it is a type of indirect tax that government levied from the
consumer indirectly.the tax was supposed to be paid by the
producer to the government but instead of paying directly to
the government the producer pays it indirectly by increasing
the price of commodities esp. oil,fuel etc.

Is This Answer Correct ?    20 Yes 2 No

what is meaning the central excise duties..

Answer / xyz

when a manufacturer produces goods then he has to pay some
duties & taxes to the government before exporting the goods
then only he can get the clearance from custom authorities.

Is This Answer Correct ?    22 Yes 6 No

Post New Answer



More Taxation Interview Questions

I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

0 Answers  


what is D-1, D-2, Vat-C4,

0 Answers   ABC,


How to calculate gross salary from bsaic payment, D.A, T.A, H.R.A?

4 Answers   DELL, Fisheries, GSI, Hyundai, Margadarsi, MPPGCL Madhya Pradesh Power Generating Company Ltd, Omethos, Wipro,


What is the job of a accountant other than maintening accounts books?What type of Tax he should familiar to work as an Accountant?

0 Answers  


CAN MINOR GET PAN AND FILE THE RETURN?

3 Answers  






i want know central excise duty codes with cess?

0 Answers   EXL, Real Estate,


Hi, When your orgnization is applicable for VAT payment..? Payment date of VAT ? Return date of VAT ? What is VAT Summary..?? What is Vat Set off ?? Which Entry to be passed after filing return or payment..??? I will be very thankful to you if anyone can give the detail in short how to file VAT return..? which form etc..?????

1 Answers  


how to compute service tax?

2 Answers  


Define the term "Manufacturer"as introduced in finance act2010.

0 Answers  


Wat is capitalgains?

1 Answers  


T-FV-1029 Invalid Challan Input file.

3 Answers   ABi Associates, Rasim Exports,


What are allowable and dis-allowable expenditure?

0 Answers  






Categories