11 October 2014
Excise is tax for goods manufacturing and service tax if tax on service provided both are under Control CENTRAL EXCISE & CUSTOMS DEPT.
Excise:- is one of the tax received by goverment.this duty is a tax levied on the producer of certain goods, commodities and activities. this tax is now known as the Central Value Added Tax (CENVAT).
Service tax:- is a tax levied on service providers in India, except the State of Jammu and Kashmir. The responsibility of collecting the tax lies with the Central Board of Excise and Customs(CBEC). Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India
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