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tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 March 2010 basic difeerence between tax and duties
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CA RATAN JHA

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CA RATAN JHA (Expert)
09 March 2010 basic concept is same. but you may differenciate as tax on non visible income/expenses but duties imposed on cisible articles.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 March 2010 Both nature are same. but duties ward mostly used in Indirect taxes only
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
09 March 2010 Agreed

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