ramesh


{ City } hyderabad
< Country > india
* Profession * asst. manager (a&f)
User No # 37505
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Question { CMS, 226109 }

what is excise duty, how much rate calculation on
manufacturing goods?


Answer

Exicse duty is the indirect tax..and Excise duty will
attrct the goods those which manufacures in india.
Excise is 8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.

Is This Answer Correct ?    7 Yes 1 No