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.
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