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Excise Service

Excise Service

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Excise duty is commonly referred to as Central Excise duty in India. It is ‘Central’ because it is a tax levied by the Central or Union Government as opposed to State Excise duties levied by state governments. Excise duty is levied on the activity of manufacture of goods. Activities specified as amounting to manufacture in Central Excise law are liable to excise duty. Also, the products shall be mentioned in the
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Gandhi Enterprise

S.G. HIGHWAY, Ahmedabad, Gujarat
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Excise duty is commonly referred to as Central Excise duty in India. It is ‘Central’ because it is a tax levied by the Central or Union Government as opposed to State Excise duties levied by state governments. Excise duty is levied on the activity of manufacture of goods. Activities specified as amounting to manufacture in Central Excise law are liable to excise duty. Also, the products shall be mentioned in the relevant schedule of Central Excise Tariff Act, 1985 so as to attract excise duty.

Although sometimes referred to as a tax, excise is specifically a duty; tax is technically a levy on an individual (or more accurately, the assessment of what that amount might be), while duty is a levy on particular goods. An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try to recover their loss by raising the price paid by the eventual buyer of the goods. Excises are typically imposed in addition to an indirect tax such as a sales tax or value-added tax (VAT). Typically, an excise is distinguished from a sales tax or VAT in three ways:

  • 1. An excise is typically a per unit tax, costing a specific amount for a volume or unit of the item purchased, whereas a sales tax or value-added tax is an ad valorem tax and proportional to the price of the goods,
  • 2. An excise typically applies to a narrow range of products, and
  • 3. An excise is typically heavier, accounting for a higher fraction of the retail price of the targeted products.

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Excise Service

About the Company

Year of Establishment2003
Legal Status of FirmHUF Firm (Hindu Undivided Family)
Nature of BusinessService Provider
Number of EmployeesUpto 10 People
Annual TurnoverRs. 50 Lakh - 1 Crore
IndiaMART Member SinceAug 2007
GST24AAHHB8192D2ZE
Hiren Parikh is a leading Tax Consulting firm rendering comprehensive professional services which include audit, management consultancy, tax consultancy, accounting services, manpower management, secretarial services etc.
Hiren Parikh is a professionally managed firm. The team consists of distinguished corporate financial advisors and tax consultants. The firm represents a combination of specialized skills, which are geared to offers sound financial advice and personalized proactive services. Those associated with the firm have regular interaction with industry and other professionals which enables the firm to keep pace with contemporary developments and to meet the needs of its clients.
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Seller Contact Details

Hiren Parikh

JASMIN GREEN-1 D-503 NR. VAISHNAWDEVI CIRCLE, VILL. KHODIYAR, TAL. DASKROI, DIST.
S.G. HIGHWAY
Ahmedabad - 382210, Gujarat, India

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