what is present rate for excise duty & service tax for f.y
2009/10?
Answers were Sorted based on User's Feedback
Answer / moti
10% for both.+2% edu cess of 10%+1% shecessof 10%
| Is This Answer Correct ? | 23 Yes | 14 No |
Answer / praveen.kp
The rates for the year 2009-10 are as under:
1)Servcice tax 10.3%:
*Ser tax------- 10%
(10% on basic amount of service)
*education cess---2%
(2%on 10% service tax)
*SHE cess---------1%
(1%on 10% of service tax)
2.)Excies duty 8.24%
*Basic excise duty ----8%
(on supply of goods)
*education cess--------2%
(2% on basic duty)
*SHE cess--------------1%
(1%on basic duty)
above are the general rates of service tax & excise..but for
some services and goods the rates are at a
discounted/lower/exempted rate.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / sanjay goel
Excise Duty is 8% Secondary Education is 2% & Cess is 1%
total 8.3%
Service tax 10% Education cess 2% & cess 1%
| Is This Answer Correct ? | 4 Yes | 2 No |
in New finacial year (2012-13)
Sarvice tax rate is 12.36%
Excise Dute also same Rate 12.36%
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / savita
Excise Duty is 14% and Service tax 10%+2%Education Cess+1%
secondary Education cess.
| Is This Answer Correct ? | 15 Yes | 15 No |
Answer / devendra negi
Excise Duty is 8% Secondary Education is 2% & Cess is 1%
total 8.3%
Service Tax is 10.36%
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / bhupendra kanoujiya
excise duty rate of 8%education cess 2% higher secondary
education cess 1% and service tax is 10% education cess 2%
higher secondary education cess 1%
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / v.pradeepa
excise duty 8%, edu cess 2% & sh edu cess 1%. Service tax 10% edu cess 2%, sh edu cess 1% total excise duty 8.3% and Service tax 10.3%.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / harish.s.panicker
NEW RATE OF EXCISE DUTY AND SERVICE TAX.
New Excise Duty rate 10.30%
Basic excise duty-10%
Edu cess- 2% on basic excise duty.
sh edu cess-1% on basic excise duty.
No change in Service Tax for F.Y 2009-10 SAME AS PREVIOUS
F.Y 10.30%
BASIC-10%
EDU CESS- 2% ON BASIC
S.EDU CESS-1% ON BASIC.
| Is This Answer Correct ? | 1 Yes | 2 No |
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