Business wire
Sebi bans Rajesh Exports' CMD for fin irregularities · 2 hours ago RBI rejects bids for treasury bills, move signals lower rates · 2 hours ago Interest in India strong despite volatility: Bank of America chief · 2 hours ago Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check · 2 hours ago Exporters keep tabs on USTR probe, trade talks · 2 hours ago Tech stocks slide on AI fears, oil gives Dalal Street a headache · 2 hours ago BHEL secures order worth over Rs 2,000 crore from Nigerian firm · 5 hours ago District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year · 5 hours ago Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment · 6 hours ago India’s 500 GW clean energy goal could create 44 lakh jobs, says study · 6 hours ago India's economy shows resilience amid geopolitical uncertainty, says RBI deputy governor · 7 hours ago Grid stability, large-scale integration of renewable energy discussed in Parl panel meet · 7 hours ago Sebi bans Rajesh Exports' CMD for fin irregularities · 2 hours ago RBI rejects bids for treasury bills, move signals lower rates · 2 hours ago Interest in India strong despite volatility: Bank of America chief · 2 hours ago Govt sets aside Rs 10k crore to cap jet fuel price, keep air fares in check · 2 hours ago Exporters keep tabs on USTR probe, trade talks · 2 hours ago Tech stocks slide on AI fears, oil gives Dalal Street a headache · 2 hours ago BHEL secures order worth over Rs 2,000 crore from Nigerian firm · 5 hours ago District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year · 5 hours ago Rupee slides 40 paise to 95.76 against dollar as tariff concerns, oil prices weigh on sentiment · 6 hours ago India’s 500 GW clean energy goal could create 44 lakh jobs, says study · 6 hours ago India's economy shows resilience amid geopolitical uncertainty, says RBI deputy governor · 7 hours ago Grid stability, large-scale integration of renewable energy discussed in Parl panel meet · 7 hours ago
Thursday, 4 Jun 2026 · IST
Advertisement

Taxation

What is the difference between the excise duty and the sales tax ?

This is a very tricky question and you will have to answer accordingly. The exact answer is that when a goods move from one state to the another then you will have to pay the sales tax and when the goods come out of the industry then you will have to pay the excise duty. Do not try to go more deep. Just give this answer and keep your mouth shut. Otherwise you will have to face a series of questions which will be very difficult to answer. However if you have guts then I would definitely advice you to answer in detail.

More from this specialization