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what is the different between CST , VAT, and Excise Duty ?

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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