Duty & Taxes.......
This query is : Resolved
Akash Gupta
(Querist)
05 December 2008
What is the different between duty & taxes?????
Why it is called excise duty, custom duty why not excise tax or custom tax???????
Why it is called excise duty, custom duty why not excise tax or custom tax???????
Rajdeep Pawar
(Expert)
06 December 2008
Duty as defined in Oxford dictionary is "Govt. Tax on Imports & Exports" & Tax is defined as "Charge against a citizen's person or property or activity for the support of government".
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