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what is present rate for excise duty & service tax for f.y
2009/10?
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Answer Posted / 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.
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