what is excise duty, how much rate calculation on
manufacturing goods?
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Answer / ganesh pillai
the rate of excise duty is 8.2416%
Basic excise duty 8%
Edu. Cess 2%
H.Cess 1% of (Basic + Edu. cess)
| Is This Answer Correct ? | 82 Yes | 29 No |
Answer / yoithoibi
excise duty is an indirect tax levied on manufacturing
goods at the time when it is removed from the place where
it is actually manufacture. presently the E.D. rate is 8%
and educational cess is 2% and 1% higher edu- cess.
| Is This Answer Correct ? | 68 Yes | 17 No |
Answer / mohammadrafik
Basic Excise Duty 8%
Eduction Cess 2%
H. Cess 1%
8.24%
| Is This Answer Correct ? | 69 Yes | 20 No |
Answer / mohammadrafik
tha exise duty calcutation
Bed 8%
Cess2%
Hs cess 1%
8.24 %
| Is This Answer Correct ? | 65 Yes | 22 No |
Answer / asghar alam siddiqui
This is the indirect tax charged by the central
government.It is charged on all goods manufactured in
India.Its value before 7th december was 14.42 % and now it
has been changed to 10.3 %.
| Is This Answer Correct ? | 76 Yes | 39 No |
Answer / deepak karbhari warungase.
Excise duty is duty on manufactured levied it followes
four condition must be satisfied
Duty on Goods
Goods Must be manufactured in india
goods must be excisable.
| Is This Answer Correct ? | 46 Yes | 15 No |
Answer / t. ravi sekhar
whether by the price reduction i.e before 7-dec-2008 the
excise duty was 14.42% and after dec7th it became 10.30%
so, by this is it loss to company or profit
| Is This Answer Correct ? | 108 Yes | 82 No |
Answer / narottam kumar
All goods that are produced or manufactured in India will
be charged a duty of excise called Cenvat at the rates
specified in the Central Excise Tariff.
The Current Excise Duty is 8%
+ education cess @ 2% on ED
+ Sec Edu Cess @ 1% on ED,
Total Tax = 8.24%, with effective from 25.02.2009.
| Is This Answer Correct ? | 27 Yes | 9 No |
Answer / anuj gautam
Excise duty is indirect tax .
bed-8%
e.cess-2%
h.e.cess-1%
total-8.24%
| Is This Answer Correct ? | 19 Yes | 6 No |
Answer / narottam kumar
All goods that are produced or manufactured in India will
be charged a duty of excise called Cenvat at the rates
specified in the Central Excise Tariff.
The Current Excise Duty is 10%
+ education cess @ 2% on ED
+ Sec Edu Cess @ 1% on ED,
Total Tax = 10.30%, with effective from 26.02.2010.
| Is This Answer Correct ? | 13 Yes | 1 No |
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