TaxTMI 
TaxTMI 
Dear Officer,
In need a clarification regarding what is centra excise duty and why reason this high % rate in excise duty and also please confirm what is diffrent between other VAT and serices tax
Regards
Singh D
Central Excise Duty ?.......
16 May 2011 
1 Reply 
1283 Views Asked by
Guest 
Central excise duty explained: tax on manufacture, contrasted with VAT and service tax; GST will subsume them.
Central excise duty is a tax on manufacture of goods, historically governed by the Central Excise and Salt Act, applied at the production stage; VAT is a consumption tax on value addition replacing sales tax to remove cascading effects; service tax is levied on taxable services, normally payable by the service provider but sometimes by the service recipient. GST is intended to subsume excise, VAT and service tax. (AI Summary)
Central excise duty is a tax on manufacture of goods, historically governed by the Central Excise and Salt Act, applied at the production stage; VAT is a consumption tax on value addition replacing sales tax to remove cascading effects; service tax is levied on taxable services, normally payable by the service provider but sometimes by the service recipient. GST is intended to subsume excise, VAT and service tax. (AI Summary)