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what is excise duty, how much rate calculation on
manufacturing goods?

Answers were Sorted based on User's Feedback



what is excise duty, how much rate calculation on manufacturing goods?..

Answer / adesh agarwal

Exicse duty is the indirect tax levied by the state on the
manufacture or production of goods in india.The rate of
excise duty in current time is 8% and education cess is 2%
and s h c is 1% now is calculated.

Is This Answer Correct ?    14 Yes 3 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / anuj sharma

8.24 RATE OF EXCISE

Is This Answer Correct ?    21 Yes 11 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / anuj sharma(noida)

bed:-8%
e.cess:-2
h.cess:-1
total:-8.24

Is This Answer Correct ?    12 Yes 3 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / riya

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.
the present rate of Excise is 8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.

Is This Answer Correct ?    10 Yes 1 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / chinmay

NOW EXCISE DUTY IS INCREASE TO 12.36%

Is This Answer Correct ?    9 Yes 0 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / yash

I THINK THIS IS RIGHT FROM 25 FEB. 2009

Basic Excise Duty 8%
Eduction Cess 2%
H. Cess 1%
8.24%

Is This Answer Correct ?    16 Yes 9 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / prateek singhal

Basic Duty 8.246%

Edu Cess (Basic*2%)
H. Cess (Basic*1%)

Is This Answer Correct ?    9 Yes 2 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / satyendra kushwaha

excise duty 8% edu.cess 2% h.edu.cess 1% total =8.24%

Is This Answer Correct ?    8 Yes 1 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / mitul patel

In current excise duty Rate is 8.24%

Is This Answer Correct ?    9 Yes 2 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / vijay kiran challapalli

8.24% is absolutely correct i am tax deduction services

Is This Answer Correct ?    9 Yes 2 No

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