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
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 |
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 |
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
How to Prepare Balance Sheet for Annual Tax Assessment. Do You Have any Format, Please send on (Pankajica15@gmail.com)
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
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?
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.
Should we give C form with Freight, Insurance, P&F after CST?
what rate is entry tax is it same for all states
Tds return other than salary form.
what are CST,VAT ,TDS, Service tax .how they are applicable?
what is the under group of tds payable. when deducted tds on salary.
profarma of computation of total income?