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what is the difference between CST, VAT, SALES TAX, EXCISE
DUTY, CUSTOMS DUTY
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Answer Posted / ashwini
1.VAT IS CHARGED ON SALE WITHIN THE STATE AND COLLECTED BY
STATE GOVT.ONLY.
BELOWED THREE ARE CHARGED BY CENTRAL GOVT.
2.CST IS CHARGED ON SALE WITHIN THE COUNTRY AND COLLECTED BY
CENTRAL GOVT.
3.EXCISE DUTY IS CHARGED ON PRODUCTION OF GOODS WITHIN THE
COUNTRY,AND COLLECTED BY CENTRAL GOVT.
4.CUSTOMS DUTY IS CHARGED O IMPORT OF GOODS FROM OTHER
COUNTRIES.
| Is This Answer Correct ? | 101 Yes | 31 No |
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