Answer / yatin anand

Excise Duty will be calculated as under:

ExciseDuty@10% E.cess.@.2%
H.E. Cess @. 1%

TOTAL WILL BE 10.3%

Answer / poonam kharb

Excise Duty is an Indirect tax Which is charge at the time
of manufacturing . we can take input credit on the basis of
our purchases. The New Excise rate is 12.3% after budget 2012-13

Answer / raj

Excise Duty is an indirect tax leived by the government
at the time of removal of manufactured goods in India from
the factory premises under cover of invoice. The current
rate of Excise duty from 25th of Feb, 2009 if 8%(Basic
Excise Duty), 2%(Edu-cess), 1% (Higher Edu-cess)

Answer / vinay kumar

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.

Excise on manufacturing goods
8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.

Answer / sushil gangurde

Exicse duty is the indirect tax levied by the state on the
manufacture or production of goods in india.The rate of
excise duty was 16.5% before 1April08.From 1stApril,the
rate has been changed to 14%
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 / hemant singh rawat

excise duty is a indirect tax leived by the government
at the time of removal of manufactured goods in India from
the factory premises under cover of invoice. the
claculation of excise duty is following
excise duty rate on items currently attraction 4% to be the
raised to 8% following major exceptions:
01 specified food items inculding biscuits ,sharbats ,cakes
and pastries
02 medical equipment
03 paraxylene.

Answer / manish

Exicse duty is the indirect tax levied by the state on the
manufacture or production of goods in india.

The rate of excise duty was 16.48% before 1 apr.'08. From 1
apr.'08 the rate of excise duty has been changed to 14.42%

Answer / y.k.dwaragesh

Excise duty is duty on manufactured levied it followes
four condition must be satisfied

Answer / siva

the central Excise Duty Current rate is 10% + education
cess @ 2%, Sec Edu Cess @ 1% on ED,

Answer / anil sangale

Excise Duty Charged on Manufacuring Product.
Exsise 10% plus Edu. cess 2% and hig. cess 1%

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