Difference between duties and taxes
This query is : Resolved
12 November 2018
Difference Between Duties and Taxes with example.
14 November 2018
Tax is charged on individuals, wealth, services and sales, whereas Duty is charged on goods. There are two major types of taxes, i.e. Direct Tax and Indirect Tax. and in other terms,
Duty - 1st paid then after collected
Tax - 1st collected then paid to Government.
Duty - 1st paid then after collected
Tax - 1st collected then paid to Government.
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