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what is excise duty, how much rate calculation on
manufacturing goods?

Answers were Sorted based on User's Feedback



what is excise duty, how much rate calculation on manufacturing goods?..

Answer / salim

excise duty is an indirect tax which is charged by central
government on manufacturing goods.
the rate of excise duty is 8.24%
Basic Excise Duty 8%
Eduction Cess 2%
H. Cess 1%

Is This Answer Correct ?    9 Yes 2 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / abhishek jwell

The Excise duty is the indirect tax and is like a value
added tax. The Excise Duty levied by central govt. on
manufacture or production of goods in india. It is charged
at time finished goods cleared from our place. Excise
Invoice raised for this tax.

The rate of the Excise Duty(ED) is 10% on the
transaction/goods value, Edu. Cess @ 2% on ED and S&H Edu.
Cess @ 1% on ED from 07.12.2008 onwards.

Is This Answer Correct ?    8 Yes 1 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / monika

10% & 2% & 1%

Is This Answer Correct ?    8 Yes 1 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / sarabjeet kuar

Excise duty is CENVAT indirect tax for the manufacturing
and the production unit. for 2008-2009 the cenvat is 8% but
for the year 2009-2010 it was again incresed by 2% more i.e
the current is 10%.

Is This Answer Correct ?    9 Yes 2 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / shantanu shankar

Exicse duty is the indirect tax levied by the state on the
manufacture or production of goods in india.The rate of
Basic excise duty 10%
Edu. Cess 2%
H.Cess 1% of (Basic + Edu. cess)

Is This Answer Correct ?    8 Yes 1 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / ramesh

Exicse duty is the indirect tax..and Excise duty will
attrct the goods those which manufacures in india.
Excise is 8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.

Is This Answer Correct ?    7 Yes 1 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / vinod pathak

Excise duty is indirect tax. it should be calculated on
manufacturing goods in India.Excise duty rate is Basic 10%
+ Edu. Cess 2% + H.S.Edu. cess 1%= 10.3%

Is This Answer Correct ?    8 Yes 2 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / dinesh

the excise duty is under for manufacturing for goods export
for libilities as under diffrent rate

10%
2%
1%

Is This Answer Correct ?    6 Yes 0 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / tarsem lal

excise duty is a indirector tax it is collected which good
who manufacture in india current excise rate 10%+2%
edu.cess+1%sec.edu.

Is This Answer Correct ?    44 Yes 39 No

what is excise duty, how much rate calculation on manufacturing goods?..

Answer / manisha shaw

the current excise duty is 8.24%
bed 8%
e.s 2%
h.s 1%

Is This Answer Correct ?    7 Yes 2 No

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