What Is Service Tax & Excise? How Will It Be Charged?

1.	What Is Service Tax & Excise? How Will It Be Charged?
Answer» Service Tax is a Indirect Tax which is levied on Service. The Service receiver will pay to the service PROVIDER. EX: Servicing a Vehicle, Delivering goods, OUTSOURCING agencies. etc. Excise DUTY is also a form of Indirect Tax but this is IMPOSED on Goods or manufacturing Items. Ex: Steel, Cement, dress Materials, etc Service Tax is a Indirect Tax which is levied on Service. The Service receiver will pay to the service provider. Ex: Servicing a Vehicle, Delivering goods, outsourcing agencies. etc. Excise Duty is also a form of Indirect Tax but this is imposed on Goods or manufacturing Items. Ex: Steel, Cement, dress Materials, etc

Answer»

Service Tax is a Indirect Tax which is levied on Service. The Service receiver will pay to the service PROVIDER.

EX: Servicing a Vehicle, Delivering goods, OUTSOURCING agencies. etc.

Excise DUTY is also a form of Indirect Tax but this is IMPOSED on Goods or manufacturing Items.

Ex: Steel, Cement, dress Materials, etc

Service Tax is a Indirect Tax which is levied on Service. The Service receiver will pay to the service provider.

Ex: Servicing a Vehicle, Delivering goods, outsourcing agencies. etc.

Excise Duty is also a form of Indirect Tax but this is imposed on Goods or manufacturing Items.

Ex: Steel, Cement, dress Materials, etc

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