Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


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 / yatin anand

Excise Duty will be calculated as under:

ExciseDuty@10% E.cess.@.2%
H.E. Cess @. 1%

TOTAL WILL BE 10.3%

Is This Answer Correct ?    4 Yes 1 No

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

Answer / poonam kharb

Excise Duty is an Indirect tax Which is charge at the time
of manufacturing . we can take input credit on the basis of
our purchases. The New Excise rate is 12.3% after budget 2012-13

Is This Answer Correct ?    3 Yes 0 No

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

Answer / raj

Excise Duty is an indirect tax leived by the government
at the time of removal of manufactured goods in India from
the factory premises under cover of invoice. The current
rate of Excise duty from 25th of Feb, 2009 if 8%(Basic
Excise Duty), 2%(Edu-cess), 1% (Higher Edu-cess)

Is This Answer Correct ?    4 Yes 2 No

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

Answer / vinay kumar

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.

Excise on manufacturing goods
8% + Ed.cess 2%+ H.Ed.Cess
1% that means that rate of Excise is 8.24%.

Is This Answer Correct ?    3 Yes 1 No

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

Answer / sushil gangurde

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%
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 ?    2 Yes 0 No

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

Answer / hemant singh rawat

excise duty is a indirect tax leived by the government
at the time of removal of manufactured goods in India from
the factory premises under cover of invoice. the
claculation of excise duty is following
excise duty rate on items currently attraction 4% to be the
raised to 8% following major exceptions:
01 specified food items inculding biscuits ,sharbats ,cakes
and pastries
02 medical equipment
03 paraxylene.

Is This Answer Correct ?    3 Yes 1 No

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

Answer / manish

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 16.48% before 1 apr.'08. From 1
apr.'08 the rate of excise duty has been changed to 14.42%

Is This Answer Correct ?    3 Yes 1 No

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

Answer / y.k.dwaragesh

Excise duty is duty on manufactured levied it followes
four condition must be satisfied

Is This Answer Correct ?    2 Yes 0 No

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

Answer / siva

the central Excise Duty Current rate is 10% + education
cess @ 2%, Sec Edu Cess @ 1% on ED,

Is This Answer Correct ?    2 Yes 0 No

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

Answer / anil sangale

Excise Duty Charged on Manufacuring Product.
Exsise 10% plus Edu. cess 2% and hig. cess 1%

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Taxation Interview Questions

What is the difference between fund flow vs. Cash flow?

0 Answers  


The limit of cash payment made towards frieght when parties given pan cards and truck number

3 Answers   IBM,


Non payment of service tax?

1 Answers  


WHAT IS THE LAST DATE FOR PAYMENT OF TDS FOR THE LAST QUARTER (i.e. 4TH QUARTER) FOR THE LAST THREE ASSESSMENT YEARS?

6 Answers   ABC,


hi .... I wanted to know the ways and means where we can save the withholding tax.

0 Answers   ABN AMRO,


what is form 8? what are all the details to be collected while buying c form

0 Answers  


Hi, Is there limit of applicablity of excise payment for any orgnization...?? what is date of excise payment..?? Excise return date & what procedure & how to take benifit availing service tax in excise return..? What form reuire for Excise Return..??

1 Answers  


what is cenvat credit? plz tell service tax interest rate and watz it procedure...

0 Answers   OM,


How you will verify a supplier's bill of payment?

1 Answers  


Who is an assesse?

1 Answers   OPI Global,


In Indian Taxation point of view, what you will look into a payment or what is to be observed while making a payment.

2 Answers  


What is TAN, TAN, PAN, DIN and what are uses of these in any company/organization/firm. pl tell me

10 Answers   DOEACC,


Categories