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.
CESS is a synonym for tax, duty, fee, etc. When tax is applied to income, its called INCOME TAX... When tax is applied to goods, its called DUTY, say, EXCISE DUTY, CUSTOMS DUTY, etc... When tax is applied to a particular purpose, its called CESS, say, EDUCATION CESS, HIGHER & SECONDARY CESS...
Tax is calculated as a percent from income/transaction. Cess is calculated on tax. Example: Income: 1,00,000 Tax: 10% Cess: 5% Tax= 10% of 1,00,000= 10,000 Cess= 5% of tax= 5% 0f 10,000= 500
What is Cess Tax?? is there any full form of CESS?? OR its just word related to Tax??
first of all duty means 'tax'. for goods we have to pay tax i.e duty paid, duty free means tax free.
The Center for Economic and Social Studies (CESS) was established as an autonomous research Center in 1980.
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
CESS is a synonym for tax, duty, fee, etc. When tax is applied to income, its called INCOME TAX... When tax is applied to goods, its called DUTY, say, EXCISE DUTY, CUSTOMS DUTY, etc... When tax is applied to a particular purpose, its called CESS, say, EDUCATION CESS, HIGHER & SECONDARY CESS...
Tax is calculated as a percent from income/transaction. Cess is calculated on tax. Example: Income: 1,00,000 Tax: 10% Cess: 5% Tax= 10% of 1,00,000= 10,000 Cess= 5% of tax= 5% 0f 10,000= 500
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
Yes, there a difference between call of duty advance warfare and call of duty advance warfare day zero edition.
cess
cess,ceed, cede
Its full Form is Secandary and Higher Education Cess (SHE Cess) . it is additional Cess imposed by govt. to pramote higher education
their is no frickin difference
4 bolt mains is the only difference I am aware of.
There is no difference just two different games
cess,ceed, cede