what is meaning the central excise duties
Answer Posted / hitesh oza
Central Excise Duty:
Excise is a duty. It is collected by Central Government of India and classified in Indirect Taxes. If Any manufacturer produces the goods in India by processing, Excise duty attracts on such goods. Central Excise Duty is paid on removal of goods from manufacturing unit (factory) through excise invoice from the manufacturer’s place. Manufacturer has to pay excise duty before exporting out of country and then he can get the clearance from Custom Authorities.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
What is process CST & Custom Duty Handle in tally Erp 9, with example.
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
sir mai ek bar cst online tax payment kar raha tha to sar maine tac par na click kar ke interst par click kar di ho mai kya karu please give a anwers
Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
what is city commodity tax
Apply for TDS certificate in bank for rent purpose is wrongly entry as 94C instead of 94I. Is any problem?
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
AS PER VAT AUDIT WE HAVE REFUND OF RS.25000/- ON PURCHASE OF FIXED ASSETS WHICH WE DID NOT CLAIM LAST YEAR, NOW WHAT ENTRY SHOULD WE PASS IN BOOK. ITS URGENT
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.