what is excise duty, how much rate calculation on
manufacturing goods?
Answers were Sorted based on User's Feedback
Answer / adesh agarwal
Exicse duty is the indirect tax levied by the state on the
manufacture or production of goods in india.The rate of
excise duty in current time is 8% and education cess is 2%
and s h c is 1% now is calculated.
| Is This Answer Correct ? | 14 Yes | 3 No |
Answer / anuj sharma(noida)
bed:-8%
e.cess:-2
h.cess:-1
total:-8.24
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / riya
Excise duty is a indirect tax which is levied by on
manufacturers. the three conditions should be satisfied for
impose excise.
1. Goods must be manufactured in India.
2. Goods must be excisable.
the present rate of Excise is 8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / yash
I THINK THIS IS RIGHT FROM 25 FEB. 2009
Basic Excise Duty 8%
Eduction Cess 2%
H. Cess 1%
8.24%
| Is This Answer Correct ? | 16 Yes | 9 No |
Answer / prateek singhal
Basic Duty 8.246%
Edu Cess (Basic*2%)
H. Cess (Basic*1%)
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / satyendra kushwaha
excise duty 8% edu.cess 2% h.edu.cess 1% total =8.24%
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / vijay kiran challapalli
8.24% is absolutely correct i am tax deduction services
| Is This Answer Correct ? | 9 Yes | 2 No |
is it necessary to make payment to party in the same assessment year after deducting tds
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
from pan card how can we know nature of payment(tds related)
What is the basic reason behind not using anyother depreciation rates Means Why can't we use any rates lesser than applicable rates?
We issued C for the provisional price first. Again for the payment of Price Variation payment a fresh C form is to be issued?
is there any necessity to file TDS to purchase a thing even ater paying vat
what is deemed assessee?
What is Cenvat
When Selling a goods to a party Excise Duty chargable on VAT or not.
which is the payment date & return fileing dates of PF, PT,ESI,TDS,Service TAx and IT in Karnataka
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
WHETHER CST REVENUE IS STATE OR CENTRAL IF STATE THEN FROM WHEN PLEASE GUIDE ME