Diff. between excise duty and import duty


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 November 2014 main diff. between excise duty & import duty & what rate of % calculate,please explain it sir

27 November 2014 Excise is a tax levied by the government on goods manufactured inside the country while customs duty is a tax levied by the government on goods produced outside the country and upon arrival in to the country.

- Excise tax is payable by the manufacturers while custom duty is payable by the importers of goods which means they are just buyers

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 November 2014 how many tax percentage calculated both tax?????

27 November 2014 Excise duty - 12 % + ec
Custom duty - 10 % + tc

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 November 2014 thank u sir , have a nice day

27 November 2014 In case of any further query contact me at sanyam.arora27@gmail.com


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
12 November 2026
Tax Product Specialist

BharatX.ai

Gurgaon

B.Com

View Details