Easy Office
LCI Learning

Difference between TAX & DUTY?

This query is : Resolved 

05 January 2017 What is the difference between TAX & DUTY? If they are same , then why they are called differently?

06 January 2017 Duty is tax is used narrow context levied on goods manufactured or imported or export of commodity it is basically levied by central government.

Tax is is mandatory or obligation payable to government on income, sales or services or wealth levied by state it central government which may be direct or indirect tax.

06 January 2017 http://keydifferences.com/difference-between-tax-and-duty.html

please follow the link






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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries