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what is excise duty, how much rate calculation on
manufacturing goods?
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Answer Posted / diwas rai
From Feb' 2009 the rate of Excise Duty has been change from 8
% + 2 % + 1 % to :
Basic Excise Duty : 10 %
Edu. Cess (on Basic Excise) : 2 %
H.Sec. Cess (On Basic Exise) : 1 %
That means total 10.3%.
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