Q.
Excise duty is a tax levied on which goods
Asked by kala,
16 Jul '12 01:04 am
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Answers (3)
1.
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2.
Its charged in addition to sales tax or Vat( value added tax) and is chargeable on most manufactured goods in India...the category of which keeps changing according to Schedules laid out...specially 1 & 2.
Its an indirect tax and needs to be paid by the processor or manufacturer
Answered by prasoon, 16 Jul '12 02:28 pm
Its an indirect tax and needs to be paid by the processor or manufacturer
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3.
As an indirect tax levied and collected on the goods
Answered by VIbhav Verlekar, 16 Jul '12 02:19 pm
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