what is excise duty, how much rate calculation on
manufacturing goods?
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Answer / deepak singh mau
exise duty is a indirect tax.standerd rate of exise duty 8%
to 10%.the rate of exise duty is 8.2416 inwich basic exise
duty 8% & edu. cess-2%,& h.edu.cess-1%. being exiseable
goods must be fallow 3 condition.
1- duty on goods.
2-goods must be manufacter in india .
3-goods must be esiseable.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / asit kumar kar
Excise Duty is an indirect tax levied and collected on the
goods manufactured in India
Present rate of ED is 10.3% plus ST or VAT
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / j.adinarayana
IT IS THE CALCULATION OF MANUFACTURING .EXCISE DUTY 10.3% .
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / dh vishwanath
Excise duty is the duty which will be levied on the
manufactured Excisable goods.Presently the rate of Central
Excise duty is 10%+2%+1%(10.3%).
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sridhar
EXCISE DUTY IS CHANGED FROM 14.42% (EXCISE
DUTY+ED.CESS+HIGH. ED.CESS)TO 10.30%
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / narinder kumar
The current excise duty is 12.36(12+2+1%)!!!!!!!!!
Narinder Kumar
m-9915830185
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / k.shalini
According to rule 12.36 % for the year of 2012 @
manufacturing goods .
its divide under the three heading 12% for central excise
duty : 2% for education cess ; 1 % Secondary edu cess
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sheeja suresh
Excise duty is the indirect tax imposed by the central
government at the time of removal of goods from the
facctory premises. current rate is 8%
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / rajeev das
excise duty is levied by state for manufacturing goods the rate of excise duty should be depend on the goods.
now excise duty is 10%
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / rashmi ranjan choudhury
Excise duty is an indirect tax of indian commercial tax
department.The perticular rate of deduction on the
manufacture products to give central govt.that know as
excise duty.Right now,(besic excise duty-8%,edu cess-2% and
h.edu.cess-1%.
| Is This Answer Correct ? | 1 Yes | 2 No |
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