How to calculate basic price, whether excise duty is 14.42, cess 2%,education tax 1%
Answers were Sorted based on User's Feedback
Answer / jaya sankar kumar
Excise duty applies as per ur product applicable rate may be 10 or 12 or 6 depends
Education cess @ 2%
Secondary & Higher Education Cess @ 1%
Education cess & Secondary & Higher Education Cess will be charged on Excise duty amount.
For Eg if u r in 10% excise rate
if u produced Rs. 10000 value goods
ur Excise 10000*10% = 1000
Secondary & Higher Education Cess = 1000*1% = 10
Education cess = 1000*2% = 20
Product value = 10000+1000+10+20 = 11030
Is This Answer Correct ? | 6 Yes | 3 No |
Answer / tapan
The gross value is rs 100 so product value is central excise% edu cess higher educess
i/e if ce is 10% so 10.3=100,(100-10.3)89.7=?9product value)
Is This Answer Correct ? | 0 Yes | 0 No |
at the time of deduction TDS any type including Service tax or not
what is the difference between sales tax and tax deducted at source in karnataka
Is the Cess to be charged on the TDS made on Proffessional Charges?
D form isse quartly or yearly by gov.?
Which form we use for depositing works contract TDS?
What is MAT?
I want to know whether entry tax is applicable for capital goods imported ? and is it applicable if imported capital goods purchased from dealer?
If my Basic Salary is Rs.23000/- than what is the tax impact on it ie PF,ESIC,PT & TDS with calculation. and also if i had received only 9mth salary.
1 Answers Triple A Overseas Ltd,
1.meaning of income tax,service tax,central excise,esi7pf 2.methods of filling above taxes? 3.methods of payment of taxes?
can anybody provide me the format of PF & ESI with the rate chart.
what is the latest percentage of work contract service Tax with Edu cess
What is "Crossing the customs frontiers of india"? Please explain in layman language.