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

Answer Posted / pooja shukla

exicse duty is levied on the goods manufactured in india
and is levied at the time of removal of the goods from the
factory premises.current rate is 14% and education cess is
3%

Is This Answer Correct ?    17 Yes 70 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.

1696


What are the excise duties in our state?

2043


How can a taxpayer get a refund for an overpayment of taxes?

716


Excise duty applicable for Handmade Production?

2852


Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?

1607






if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

1012


How many types of vat categoryplease tell me all type of vat categories..............

1773


is there easy guide for the latest India tax & accounting information for 2010?

1628


Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.

1525


what should be the research and methodology of business taxation?

1626


How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?

1515


what is WCT rate in chhattisgarh

2928


What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?

10721


i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible

1486


a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?

3209