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Answer Posted / aman
Excise duty is a duty on manufacture,
The general rate is 16% + 2 % education cess
However it changes acc to the classification of the goods,
check the CENTRAL EXCISE TARIFF ACT for the rate for
pharmaceutical products
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We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
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