what is excise duty, how much rate calculation on
manufacturing goods?
Answers were Sorted based on User's Feedback
Answer / anju joshi
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%
| Is This Answer Correct ? | 747 Yes | 369 No |
Answer / prasad deshmukh
excise duty is duty on manufactured levied it following 4
condition must be satisfied
duty on goods
goods must be maunfactured in india
goods must be excisable
| Is This Answer Correct ? | 406 Yes | 75 No |
Answer / satpal mujawar
EXCISE DUTY IS CHANGED FROM 14.42% (EXCISE
DUTY+ED.CESS+HIGH. ED.CESS)TO 10.30%
| Is This Answer Correct ? | 249 Yes | 68 No |
Answer / anuj pathania
excise duty is duty on manufactured levied it following 3
condition must be satisfied
1.duty on goods
2.goods must be maunfactured in india
3.goods must be excisable
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%.
| Is This Answer Correct ? | 274 Yes | 97 No |
Answer / mehboob
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%.
| Is This Answer Correct ? | 433 Yes | 281 No |
Answer / rp.ananthakumar - roots
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 ? | 151 Yes | 30 No |
Answer / narottam kumar
The Current Excise Duty is 8% + education cess @ 2% on ED+
Sec Edu Cess @ 1% on ED,
Total Tax = 8.24%, w.e.f. 25.02.2009.
| Is This Answer Correct ? | 119 Yes | 27 No |
Answer / praveen
FORM 7.12.2008 THE PERCENTAGE OF CENVAT ON MANUFATURING
GOODS IS 10% IT IS REDUCED BY THE CENTRAL GOVT.BEFORE THAT
THE % OF DUTY IS 14%
| Is This Answer Correct ? | 145 Yes | 60 No |
Answer / ajoy chakraborty
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)
| Is This Answer Correct ? | 93 Yes | 15 No |
Answer / anilkumar m.tumma
Manufactured goods (Excisable) if we charged less rate at
the time of despatch the material and raised excise gate
pass then authomatically all the value (liability) is less
as compare to revised price. So Calculation the difference
of value is to be payable excise duty and interest on the
exisiting rate as per period of delay days.
| Is This Answer Correct ? | 141 Yes | 68 No |
what is the rate of service tax in haryana?
What is "E1 Form" ? what are the types in that? why it is used?
From Karnataka,while sending material out, which are all the states required Form 38?
If TDS on Rent is to be charged on Rent which includes Maintenance Charges which are clearly evident, then has TDS on REnt also to be charged on Maintenance Charges?
What is MAT ?
Hospital and Telecomunication Service Tax Applicable or Not ?
Brief me about sales tax,VAT,MVAT,excise duty,custom duty,octroi & what is the difference between tax and duty.
can some one pls explain briefly about 'Differed Tax'?
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
WHAT IS SERVICE TAX.
what is the need of information to the high level managment and what is the need of information to middle level managment
land lord raise Rs 107175/- as rent on leased premises plus the service tax @ 10.30/- we deduct tds at the rate of 10% we avail 50% how to pass entries and how much amount do we have to pay