https://www.taxtmi.com/forum/issue?id=3011 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. en-us Mon, 16 May 2011 19:06:21 +0530 Thu, 23 Jan 2025 15:58:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3011 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. Discussion-Forum Central Excise Mon, 16 May 2011 19:06:21 +0530 https://www.taxtmi.com/forum/issue?id=3011