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?

Answers were Sorted based on User's Feedback



A cement product which MRP value is Rs. 280. Now how it calculate the Basic Excise on MRP or my Se..

Answer / 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

A cement product which MRP value is Rs. 280. Now how it calculate the Basic Excise on MRP or my Se..

Answer / 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

Post New Answer

More Taxation Interview Questions

i m agent of reliance life insurance i have sold one traditional product of premium size 10,000/- rs and comission rate is 18% what will be net comission will be recd by me after deducting service tax and tds ?

6 Answers   Bajaj Allianz, Reliance,


a employee has 4000/- per month what is the tds , esi, and pf

2 Answers  


How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)

0 Answers  


WHAT IS THE DEPREATION RATE FOR COMPANY, EXPLAIN DETAILD WITH EXAMPLE & ENTERY , PLEASE GIVE ME THE DETAIL OF IT ON MY E.MAIL sonidilip87@yahoo.com

0 Answers  


Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?

0 Answers  


IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.

0 Answers  


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

0 Answers  


what rate is entry tax is it same for all states

1 Answers  


Tds return other than salary form.

5 Answers   Accounting, TCS,


what are CST,VAT ,TDS, Service tax .how they are applicable?

3 Answers  


what is the under group of tds payable. when deducted tds on salary.

3 Answers   Deepak Enterprises,


profarma of computation of total income?

3 Answers  


Categories