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what is the different between CST , VAT, and Excise Duty ?
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Answer Posted / bhaskar awasthi
CST- is the cebteral sales tax.It is applicable on inter
state sales.
VAT- is defined as value added tax.It is Intra state sales.
Both are applicable on sales of goods.
EXCISE DUTY- a duty on manugacturing of goods. Chage on
basic value of goods as a finished goods.
| Is This Answer Correct ? | 29 Yes | 2 No |
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