Answer / anju joshi

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%

Answer / prasad deshmukh

excise duty is duty on manufactured levied it following 4
condition must be satisfied
duty on goods
goods must be maunfactured in india
goods must be excisable

Answer / satpal mujawar

EXCISE DUTY IS CHANGED FROM 14.42% (EXCISE
DUTY+ED.CESS+HIGH. ED.CESS)TO 10.30%

Answer / anuj pathania

excise duty is duty on manufactured levied it following 3
condition must be satisfied
1.duty on goods
2.goods must be maunfactured in india
3.goods must be excisable

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%.

Answer / mehboob

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%.

Answer / rp.ananthakumar - roots

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.

Answer / narottam kumar

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.

Answer / praveen

FORM 7.12.2008 THE PERCENTAGE OF CENVAT ON MANUFATURING
GOODS IS 10% IT IS REDUCED BY THE CENTRAL GOVT.BEFORE THAT
THE % OF DUTY IS 14%

Answer / ajoy chakraborty

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)

Answer / anilkumar m.tumma

Manufactured goods (Excisable) if we charged less rate at
the time of despatch the material and raised excise gate
pass then authomatically all the value (liability) is less
as compare to revised price. So Calculation the difference
of value is to be payable excise duty and interest on the
exisiting rate as per period of delay days.

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