How to calculate excise duty?
Answers were Sorted based on User's Feedback
Answer / sam
Excise duty is calculated on
assessable value of goods
| Is This Answer Correct ? | 5 Yes | 0 No |
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 |
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 |
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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