Answer / salim

excise duty is an indirect tax which is charged by central
government on manufacturing goods.
the rate of excise duty is 8.24%
Basic Excise Duty 8%
Eduction Cess 2%
H. Cess 1%

Answer / abhishek jwell

The Excise duty is the indirect tax and is like a value
added tax. The Excise Duty levied by central govt. on
manufacture or production of goods in india. It is charged
at time finished goods cleared from our place. Excise
Invoice raised for this tax.

The rate of the Excise Duty(ED) is 10% on the
transaction/goods value, Edu. Cess @ 2% on ED and S&H Edu.
Cess @ 1% on ED from 07.12.2008 onwards.

Answer / monika

10% & 2% & 1%

Answer / sarabjeet kuar

Excise duty is CENVAT indirect tax for the manufacturing
and the production unit. for 2008-2009 the cenvat is 8% but
for the year 2009-2010 it was again incresed by 2% more i.e
the current is 10%.

Answer / shantanu shankar

Exicse duty is the indirect tax levied by the state on the
manufacture or production of goods in india.The rate of
Basic excise duty 10%
Edu. Cess 2%
H.Cess 1% of (Basic + Edu. cess)

Answer / ramesh

Exicse duty is the indirect tax..and Excise duty will
attrct the goods those which manufacures in india.
Excise is 8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.

Answer / vinod pathak

Excise duty is indirect tax. it should be calculated on
manufacturing goods in India.Excise duty rate is Basic 10%
+ Edu. Cess 2% + H.S.Edu. cess 1%= 10.3%

Answer / dinesh

the excise duty is under for manufacturing for goods export
for libilities as under diffrent rate

10%
2%
1%

Answer / tarsem lal

excise duty is a indirector tax it is collected which good
who manufacture in india current excise rate 10%+2%
edu.cess+1%sec.edu.

Answer / manisha shaw

the current excise duty is 8.24%
bed 8%
e.s 2%
h.s 1%

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