what is excise duty, how much rate calculation on
manufacturing goods?
- 113 Answers
- 226002 Views
- Agricon, Bajaj, CMS, Gaurav International, Genpact, Janpact, KJH, MahaGenco, Manufacturing, Mennen Industries, Pharma, Reliance Communications, VSS, I also Faced
- E-Mail Answers
Answer Posted / vinay kumar
Excise duty is a indirect tax which is levied by on
manufacturers. the three conditions should be satisfied for
impose excise.
1. Goods must be manufactured in India.
2. Goods must be excisable.
Excise on manufacturing goods
8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
Is wct charged on firm or proprietors ?
What is the general format for a consolidated file extension? It is showing invalid file format? So how to solve the error? How to correct the file format? Help me how to know the general consolidated file format like is it tan no_finan.Yr-quarter-type.Tds is this format correct one? Last time i have found the extension as .Csi is it correct?
How to adjustment of CST ? and also tell me about C-Form affairs ?
Who is to paid income tax and what is the procedure of filling income tax return?
WHEN I AM DOING 1ST TIME VAT RETURN E-FILLING, WHAT IS PROCESS FOLLOW HOW GET E-RETURN FILLING PERMISSION HOW APPLY FOR GET THE USER I.D & PASSWORD FOR E-RETURN FILLING IF ELSE, PLEASE GIVE ME THE RIGHT ANSWER ON MY E-MAIL ADDRESS ON sonidilip87@yahoo.com
Making delivery challan is possiable between two branch of difference code
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
About vat, service tax, tds, cenvat
What are the deductions under salary head? Name the items.
What r the foll tax deductions for :- 1.TDS 2.WCT Give me answers in detail & give me some addtional info on these topics which would be helpful for me.
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose
