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what is excise duty, how much rate calculation on
manufacturing goods?
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Answer Posted / sarabjeet kuar
Excise duty is CENVAT indirect tax for the manufacturing
and the production unit. for 2008-2009 the cenvat is 8% but
for the year 2009-2010 it was again incresed by 2% more i.e
the current is 10%.
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