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

Answer Posted / yatin anand

Excise Duty will be calculated as under:

ExciseDuty@10% E.cess.@.2%
H.E. Cess @. 1%

TOTAL WILL BE 10.3%

Is This Answer Correct ?    4 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you understand by transfer income?

655


I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

1475


Should we give C form with Freight, Insurance, P&F after CST?

3463


If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?

1169


what is the vat rate of Saw dust powder in maharashtra

3878






what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent

1786


if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally

1083


what is form 8? what are all the details to be collected while buying c form

1572


How much is the VAT in UAE

935


Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?

1454


WHAT IS EXECUTION OF WORKS CONTRACT ?

1643


Which form used for registration in GST?

928


if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?

1587


What are the types of provident funds?

694


we charge service tax in our Invoice.we pay it in time. At the end of the year other party gives his deduction as certificate. what to do with it ? how to submit again to tax authorities?

1456