first of all duty means 'tax'. for goods we have to pay tax i.e duty paid, duty free means tax free.
Cess tax is a type of tax that is earmarked to fund a certain cause with its proceeds. Duty is any tax that is paid on imports.
When govt. collects tax on goods, it is called as "duty" (eg., excise duty, customs duty) When govt. collects tax for particular purpose, it is called as "cess" S.Ramachandran Professional Impex Pvt Ltd Chennai
Duty and tax differs in the sense that the former one is implied only on financial transactions, commodities, estates and the like, where the latter is mainly levied on both goods and individuals. Duties are generally inputs and are tagged with a “cost” perspective. On the other hand, taxes generally are inputs and are tagged on an “income or value” perspective.Read more:Difference Between Duty and Tax | Difference Between | Duty vs Taxhttp://www.differencebetween.net/miscellaneous/politics/difference-between-duty-and-tax/#ixzz2ObX4LMbP
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
Indian tax is based on duties, A tax is a standard rate that is applied to material goods. A duty is applied to something, and must be paid, based on the estimated value of the item.
difference between duty and right difference between duty and right my answer is: duty is an obligation while right is freedom to exercise a duty like voting. there is a "moral" duty to vote but the right to ignore that duty [ obligation ] to your peril i might add
difference b/w direct tax and indirect tax
the only difference between tax paid by buyers and tax paid by sellers is who sends the money to the government. Manga economics student
Yes, there a difference between call of duty advance warfare and call of duty advance warfare day zero edition.
The difference between 1040a tax forms and 1040ez tax forms is that it depends on if the person is a dependent or an independent person. It also matters on how much you make.
their is no frickin difference