Excise duty and vat can charge on same product
This query is : Resolved
11 May 2016
Dear All,
Supplier can charge excise duty and vat at one time on the same product.pls breif
Supplier can charge excise duty and vat at one time on the same product.pls breif
11 May 2016
if supplier are manufacturer and registered under excise then he can charge excise and vat on same product. if supplier are first stage or second stage dealer then he can pass excise duty and charge vat on same product.
11 May 2016
Excise duty for manufacture of goods and VAT for sale within the state. Both will definitely apply on the same product. First Excise Duty shall apply and then VAT will apply. VAT will apply on Excise Duty component as well.
05 June 2016
excise and vat both are mutually exclusive taxes and both would be applicable on the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
