Tax

What is excise duty and custom duty

Excise duty and custom duty are both indirect taxes levied by the Indian government, but they differ based on the origin of the goods:
  • Excise Duty: This is an inland tax imposed on goods manufactured or produced within India. It is paid by the manufacturer at the production stage.
  • Custom Duty: This is a tax levied on goods when they cross international borders. It is primarily charged on imports into India and, in some cases, on exports to other countries.

Related Questions