Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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 / ca.niranjan.m.n

For cement specific rates of excise duty is applicable.

B. CEMENT

Consequent to enhancement of the standard rate of duty from
8% to 10%, the specific rates of duty on cement and cement
clinker is also being revised upwards as follows:

Mini cement plant:

Cement Present rate Proposed rate
1. Cleared in packaged form,-
(i). of retail sale price not exceeding Rs. 190 per 50 kg
bag or of per tonne equivalent retail sale price not
exceeding Rs. 3800; Rs.185 per tonne
(ii). of retail sale price exceeding Rs. 190 per
50 kg bag or of per tonne equivalent retail sale price
exceeding Rs. 3800; Rs.315 per tonne
2. Cleared other than in packaged form Rs.215 per tonne


Other than mini cement plant:

Cement Present rate Proposed rate
1. Cleared in packaged form,-
i) of retail sale price not exceeding Rs. 190 per 50 kg
bag or of per tonne equivalent retail sale price not
exceeding Rs. 3800;

Rs.290 per tonne
(ii). of retail sale price exceeding Rs. 190 per
50 kg bag of per tonne equivalent retail sale price
exceeding Rs. 3800 10% of retail sale price
2. Cleared other than in packaged form 10% or Rs.290 per
tonne, whichever is higher

Is This Answer Correct ?    7 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define financial year?

1165


i want know central excise duty codes with cess?

2766


Please tell me the process of generation of TDS in Tally ERP-9 with an Example

3024


what is city commodity tax

2075


My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

2094


What are allowable and dis-allowable expenditure?

1304


Is there any change in the section 80E for the financial year 2009-10

2221


treatment of Service tax and TDS

2085


What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

2200


Explain the Calculation of Sales Tax?

2200


Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.

2208


if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1872


please tell me friends what are the formats of excise return and vat return?

2204


when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax

1950


What is process CST & Custom Duty Handle in tally Erp 9, with example.

1817