banner_ad

types of taxes a manufacturing entity incurs

Tax queries 3988 views 2 replies

A company which is in the line of manufacturing and trading what are the different type of taxes it should pay to bring the finished product for sale. If you can explain the process of taxation i.e. excise,vat ,etc stagewise application on the manufactured product, it would be better. want clarity on this topic thanks ,Ram

Replies (2)
there is two types of taxes involved in such process. For production activity excise duty will be llvied. There after at the time of sale, Sale tax (CST, and Vat and any other duty) imposed by state govt. will be levie.

A manufacturing company has to pay Excise Duty extra and all other taxes are same as other industry i.e Sales tax and other State govt taxes but keep in mind the excise duty is paid only when there is manufacturing of excisable goods in india.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details