What is the difference between central excise and state excise?

Excise duty on alcohol, alcoholic preparations, and narcotic substances is collected by the State Government and is called “State Excise” duty. The Excise duty on rest of goods is called “Central Excise” duty and is collected in terms of Section 3 of the Central Excise Act, 1944.

What is the difference between excise duty and GST?

Excise duty is levied on the manufacture of goods and levied at the time of removal of goods. While GST will be levied on the supply of goods and services. In GST, Excise duty’s place has been taken by Central GST as excise is levied by Central Government and revenue from CGST will also be of Central government.

How much is import duty in Tanzania?

As part of the East African Customs Union, Tanzania imposes the EAC common external tariff on goods from non-EAC countries. The tariffs range from 0 percent for raw materials to 10 percent for industrial used goods and 25 percent for consumer goods.

What is central excise duty and its features?

Central Excise duty is an indirect tax levied on goods manufactured in India. The taxable event under the Central Excise law is manufacture and the liability of Central Excise duty arises as soon as the goods are manufactured.

What is the difference between an excise inspector and a custom officer?

Excise inspectors are those professionals who are generally concerned with the excise duty related dealings of Central Board of Excise and Custom Taxes which is a segment of Central Government whereas Custom officers are those people whose responsibility is to ensure that no smuggling takes place within the country.

Is Central Excise Inspector a good job?

The position of Central Excise Inspector department is one of the most prestigious positions in the government. If you manage to score this job, you will be financially stable throughout your life, even post-retirement.

What is the recruitment process for SSC CGL Central Excise Inspector?

The recruitment process of the SSC CGL Central Excise Inspector is stringent and requires candidates to follow a specified path as laid by the staff selection commission.

What is the qualification required to become an excise inspector?

Excise inspectors are those professionals who are generally concerned with the excise duty related dealings of Central Board of Excise and Custom Taxes which is a segment of Central Government. The basic qualification to become an Excise inspector is a graduation from any recognized University.