Excise Seal Document For Free

It is a state tax, but cities and towns collect it. Though many think it's used for streets and roads, transportation or other infrastructure, that's actually not the case. The money goes into the general fund, so every municipality can use it however it wants.

Real estate excise tax (REET) is a tax on the sale of real property. All sales of real property in the state are subject to REET unless a specific exemption is claimed. The seller of the property typically pays the real estate excise tax, although the buyer is liable for the tax if it is not paid.

Excisable Goods as. 'Goods specified in the First and Second Schedule to Central Excise Tariff Act,1985. as being subject to a duty of excise. and includes salt'. Explanation.

An excise tax is a tax a government levies on specific goods and services, often with the goal of discouraging their consumption or to make up for their associated social costs. Unlike traditional sales taxes?which apply to broad swaths of commerce?excise taxes target items such as fuel, tobacco, and firearms.

?For the removal of doubts, it is hereby declared that the price-cum-duty of the excisable goods sold by the assessee shall be the price actually paid to him for the goods sold and the money value of the additional consideration, if any, flowing directly or indirectly from the buyer to the assessee in connection with ...

Excise Registration and Invoice Requirements (Excise for Manufacturer) Every person engaged in manufacture of excisable goods has to register each unit/premises under excise and pay excise duty. The Excise Control Code number is a registration number, which is issued to all the Central Excise Assessees.

The documents used are Invoice and AR4/ AR5 forms. As soon as goods are ready for dispatch to the port for shipment, the production department of export firm is to apply to the central excise authority for excise clearance of the goods. The exporters prepare six copies of AR4/AR5 forms.