Answer Posted / aman
Central excise duty is an indirect tax which is charged on
such goods that are manufactured in India and are meant for
domestic consumption. The taxable fact is "manufacture" and
the liability of central excise duty arises as soon as the
goods are manufactured. The tax is on manufacturing, it is
paid by a manufacturer, which is then passed on to the
customer.
The term "excisable goods" means the goods which are
specified in the First Schedule and the Second Schedule to
the Central Excise Tariff Act 1985.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
what is purchase consideration?
company accounts introduction?
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
What exactly is derivatives segment. can u explain futures and options with examples...
What is SOX
what is absorbtion coasting?
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..
Can I freeze my account?
What are the duties of sales tax department? Explain it
why cost center is assign to gl account in sap
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
Can u please give me example of bonds? is National savings certificate a Bond?
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code