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who is liable to pay excise duty on monthly basis?or what is
slab for excise duty liable to pay for monthly,quarterly ro
half yearly?
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Answer / induja.l
The excise manufacturer (register under excise) is liable to
pay the excise duty, on monthly basis.
Slab of excise duty is, 12% excise duty, 2% education cess,
1% secondary education cess.
ER-1 (regular) assessee has to liable to pay excise duty on
monthly basis.
ER- 3 (SSI) Assessee has to liable to pay excise duty on
Quarterly basis.
| Is This Answer Correct ? | 5 Yes | 0 No |
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