Hai, Sir i need diffrence between excise duty and CENVAT (Am getting confuses between these two)because some times i found like Excise duty and some times like CENVAT so help me in this regard Thanks
From India, Bangalore
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From India, Bangalore
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"Excise" is derived from the Latin word "Excisum / Excidere," which means to cut out. Excise duty is a duty levied upon goods manufactured and not upon sales or the proceeds of the sale of goods. It is attracted by the event of manufacture but collected at some convenient stage, which may be after the said event, only for administrative convenience.
Excise Duty and CENVAT
Excise duty has been renamed as Central Value Added Tax (CENVAT). CENVAT includes "duty," "duty of excise," or "duties of excise." I hope it is now clear to you that both are one and the same thing.
Thanks & Regards,
Manjay Kumar Sharma | Senior Consultant
[Email Removed For Privacy Reasons]
Skype ID: manjay.sharma73
[Phone Number Removed For Privacy Reasons]
Malay Gauri Consultants Pvt. Ltd
Outsourcing and Consultancy URL: www.malaygauri.com
Human Resource URL: [MGcrpo](http://www.mgcrpo.com)
Job portal URL: www.nayeeraah.com
From India, Delhi
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18Excise Duty and CENVAT
Excise duty has been renamed as Central Value Added Tax (CENVAT). CENVAT includes "duty," "duty of excise," or "duties of excise." I hope it is now clear to you that both are one and the same thing.
Thanks & Regards,
Manjay Kumar Sharma | Senior Consultant
[Email Removed For Privacy Reasons]
Skype ID: manjay.sharma73
[Phone Number Removed For Privacy Reasons]
Malay Gauri Consultants Pvt. Ltd
Outsourcing and Consultancy URL: www.malaygauri.com
Human Resource URL: [MGcrpo](http://www.mgcrpo.com)
Job portal URL: www.nayeeraah.com
From India, Delhi
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Notification on Goa Excise Duty.pdf
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