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How to calculate excise duty?

Answers were Sorted based on User's Feedback

How to calculate excise duty?..

Answer / sam

Excise duty is calculated on
assessable value of goods

Is This Answer Correct ?    5 Yes 0 No

How to calculate excise duty?..

Answer / kalyani

The Excise duty will be calculated in Basic Amount of the
goods which we are selling

Is This Answer Correct ?    6 Yes 2 No

How to calculate excise duty?..

Answer / sirisha

excise duty is payable at the time of moving goods from the
godown on the purpose of sale

Is This Answer Correct ?    4 Yes 1 No

How to calculate excise duty?..

Answer / mita rungta

Excise duty is calculated on the goods which are mentioned in CETA i.e. Central Excise Tariff Act, at the time of removal at the percentage which is mentioned in CETA on the assessable value of the goods.

Is This Answer Correct ?    1 Yes 0 No

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