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Categories >> Accounting >> Taxation
 


 

 
Question what is excise duty, how much rate calculation on
manufacturing goods?
 Question Asked In Companies :: Bajaj, CMS, Genpact, MahaGenco, Pharma, Manufacturing, Janpact, Agricon, Gaurav International, KJH, Mennen Industries, Reliance Communications, VSS,     < I also faced this Question! >
 Question Submitted By :: suriya
  Answer Posted By  
 
Answer
Manufactured goods (Excisable) if we charged less rate at
the time of despatch the material and raised excise gate
pass then authomatically all the value (liability) is less
as compare to revised price. So Calculation the difference
of value is to be payable excise duty and interest on the
exisiting rate as per period of delay days.

Is This Answer Correct ?    141 Yes 68 No


 
  anilkumar m.tumma
 
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