what is excise duty, how much rate calculation on
manufacturing goods?
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Answer / vikas
Whatever the tax paid on production that tax is called
excise duty. It is related with production. it is a revenue
of government. Presently the rate of Excise duty is 10.3%.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / pankaj jain
THE EXCISE DUTY is 10.30
i.e. 10%+0.2%+0.3%
VERY SIMPLE ANS
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nootan sharma
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 5%(Basic Excise Duty), 2%(Edu-cess),
1% (Higher Edu-cess)
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / priya sharma
Current Exercise Duty is 12%...Education Cess is 2% and S.H on Education cess is 1%...
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sarabjeet kaur
Ya Its correct Excise is 8%
plus Ed. & SHE- (8*3%)=0.24%
Total Excise duty is 8.24%
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / jyoti
Only manufacture is paying excise to Govt. It's present
rate is 8%, Edu. Caess is 2% & Sec. Edu. Cess is 1%
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / srinivasulu reddy ambavarapu
The rate of exise rate has been constant from since 26 of
feb'2009.
Basic exise duty 8%
Edu.cess 2%
H.Cess 1%
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / rajeet kumar srivastva
Excise duty is the indirect tax which is applicable on
manufacturing goods produced in INDIA.
Currently its
Excise Duty 14%
E. Cess 2%
H.E. cess 1%
Overall u can say its 14.42%
Hope it is as per requisite.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / dileep n
Excise duty is charged for the goods which manufactured with in India & sold with in india.The rate of duty as on is 10.3% i.e ED-10%,Cess on ED-2%,HEC-1%
| Is This Answer Correct ? | 1 Yes | 1 No |
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