what is excise duty, how much rate calculation on
manufacturing goods?
Answer Posted / mohammadrafik
Basic Excise Duty 8%
Eduction Cess 2%
H. Cess 1%
8.24%
Is This Answer Correct ? | 69 Yes | 20 No |
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I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com