How cess should be calculated. Is it calculated on assessable
value of the product or on the sum of assessable value & BED.
Answers were Sorted based on User's Feedback
Answer / p. vedha
Ex. assess value - Rs. 12000 /-
ed 12% - Rs. 1440 /-
cess 2% - Rs. 29 /-
S H 1% - Rs. 14 /-
total value - Rs. 13483 /-
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / k.s.n.raju
CESS CALCULATED ONLY BASIC EXXCISE DUTY
Example: Assb.Value = 10,000
BED 10% on A.V: 10,000 X 10/100= 1,000
Ed.Cess on BED: 1000 X 2/100= 20
SHE Cess on BED: 1000 X 1/100=10
Total Value: 11,030
| Is This Answer Correct ? | 0 Yes | 0 No |
In Excise please mention Mandatory file which is to maintained(e.g PLA ;RG1;Rg23)
What is the limite of deducted of WCT & how we fill the return in Haryana
What is difference between Contract and legel and legel and profession service???? I had face this question in interview
Sir, My mother has got a sum of money about 5 lacs in the form of pension arrears. Will she have to pay the income tax on this amount which is deposited in her bank account & if it is then please suggest me to save the tax at maximum possible.
sir, which percentage to be deducted for film actors remuneration ?
Can We pay TDS on 8th without interest if 7th is sunday?
what is "c" form?
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?
WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL
what is the Intrest Rate for CST Delay Payment
1 Answers ABC, Amico, Vertimo,
i am work in partnership firm. i recd. the bill of security charges & Labour charge contain service tax. whose amount will be taken for tds deduction befor service tax or after service tax.pls guide me what's will be the entry of these transaction.
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?