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what is excise duty, how much rate calculation on
manufacturing goods?
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Answer / sandesh ramesh sawant
The Current Excise Duty is 8% + education cess @ 2% on ED+
Sec Edu Cess @ 1% on ED,
Total Tax = 8.24%, w.e.f. 25.02.2009.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / richa awasthi
exice duty is a tax levied upon the manufacturer of the goods.current rate of exise duty is 8%+3%cess.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / manohar
at present ED is 10 % on basic, eud. cess is 2% on ED and
Sec. Edu cess is 1% on Edu cess, total comes to 10.3% on
basic price of product which is excisable.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / rwsyrjhgdj
Exicse duty is the indirect tax levied by the state on the
manufacture or production of goods in india.The rate of
excise duty was 16.5% before 1April08.From 1stApril,the
rate has been changed to 14%
| Is This Answer Correct ? | 1 Yes | 2 No |
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