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what is excise duty? what is excise duty percentage on sales?
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Answer / ajit sharma
Excise duty is chargeable for manufacturing any product . and its payable for purchaser . and rate of excise duty is 12 %.
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Answer / jaykumar yadav
Question- what is excise duty? And what is excise duty percentage on sales.
Answer- excise duty is a central tax who is applicable for only manufacturing company for excusable slabs products. And every products slabs have different percentage on sales. Like (food products 10%, rubber products 12%, and any other)
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Answer / dinesh chavan
Excise duty is a duty levied on goods manufactured.There are different rates applicable for different goods as per CETA i.e. Central Excise Tariff Act.And most important it is chargeable at time of goods manufactured and not on sales.
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What are the taxes applicable to Diamond industries? Please let me know. Thanks.
Condition 1. If buyer A(in rajasthan) purchase the steel from buyer B(in gujarat. B is a plant of Company. A purchases directly from Plant. A having C form. what would be the tax levied on A. What would be his benefits through C form. Condition 2. If A purchases the steel material by the Company warehouse which is situated in rajasthan. A also is in rajasthan. what type of benefits A gets. Both the parties are registered. which condition is best for purchase either 1 or 2
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