How cess should be calculated. Is it calculated on assessable
value of the product or on the sum of assessable value & BED.
- 2 Answers
- 3972 Views
- I also Faced
- E-Mail Answers
Answer Posted / k.s.n.raju
CESS CALCULATED ONLY BASIC EXXCISE DUTY
Example: Assb.Value = 10,000
BED 10% on A.V: 10,000 X 10/100= 1,000
Ed.Cess on BED: 1000 X 2/100= 20
SHE Cess on BED: 1000 X 1/100=10
Total Value: 11,030
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
on earth moving road work which type of tax is applicable?
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
please provide to us the rules of wct in andhra pradesh (Hyderabad)
Rules for filling Income Tax return for an Individual ?
as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
Explain long term capital gains and how is it different from short term capital gains?
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
What are allowable and dis-allowable expenditure?
procedure of service tax
I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.
Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.
How to make a bill of software sale with service tax?
What is the difference between fund flow vs. Cash flow?
