A cement product which MRP value is Rs. 280. Now how it
calculate the Basic Excise on MRP or my Selliing value from
factory?
Answer Posted / syed
MRP= Rs. 280.00
EXCISE CALCULATION
CESS @ 10% Rs. 28.00
EDCESS @ 2% ON CESS= 0.56
HECESS @ 1% ON CESS =0.28
TOTAL EXCISE VALUE: 28.84
TOTAL VALUE OF CEMENT= 308.84
Is This Answer Correct ? | 29 Yes | 43 No |
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