what is excise duty, how much rate calculation on
manufacturing goods?
Answers were Sorted based on User's Feedback
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%
| Is This Answer Correct ? | 9 Yes | 2 No |
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.
| Is This Answer Correct ? | 8 Yes | 1 No |
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%.
| Is This Answer Correct ? | 9 Yes | 2 No |
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)
| Is This Answer Correct ? | 8 Yes | 1 No |
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%
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / dinesh
the excise duty is under for manufacturing for goods export
for libilities as under diffrent rate
10%
2%
1%
| Is This Answer Correct ? | 6 Yes | 0 No |
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.
| Is This Answer Correct ? | 44 Yes | 39 No |
Answer / manisha shaw
the current excise duty is 8.24%
bed 8%
e.s 2%
h.s 1%
| Is This Answer Correct ? | 7 Yes | 2 No |
what is the vat rate of Saw dust powder in maharashtra
What is Differed tax Liability?
we trf goods to our consignment against 'F' form in meerut and he returned some goods back to us plz. tell me should we have to issue a F form to them
Journalise the following Entries? Outstanding salary of rs. 20000/- Prepaid insurance of rs. 5000/-
what is exice duty-mening,heads,rates for 2008-09 year,procedure,when it is filled,complete information about exice duty?
who is person issued form "H" in case of sale against form "H" (export sale)?
What is Vendor Reconciliation and how is it done ?
Define the term person?
what is FBT?
what is the income tax rates of domestic and forgin companies
What is c.s.t slab on furniture & fixture ?
What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?