Excise Duty vs. Custom Duty

Difference Between custom duty and excise duty If you operate a business in any country of the world or sell products there, it is a given that you will have to pay taxes. The government needs this tax money to pay the expenses for services that will benefit the people of the country and to develop […]

Filed under Business & Finance

Excise Duty vs. Sales Tax

What is the difference between excise duty and sales tax? Governments impose taxes on the citizens in order to raise the revenue it needs. Two of these are excise duty and sales tax and both are compulsory. This is how the government is able to have the funds necessary to function and make sure that […]

Filed under Business & Finance