Difference between Central Excise Tax and VAT
What is Central Excise Tax and VAT? How does VAT differ from Central Excise Tax?
VAT means Value Added Tax. VAT is meant for State government and Central Excise Tax is levied by central government. Central Excise Tax is levied up on manufacture of excisable goods in India. But VAT is charges at the time sale of goods within the state.
Separate information about VAT and Central Excise Tax is mentioned in this web blog. You may click below links to know more:
What is Value Added Tax, VAT
What is Central Excise Tax?
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