A cement product which MRP value is Rs. 280. Now how it
calculate the Basic Excise on MRP or my Selliing value from
factory?
Answer Posted / ca.niranjan.m.n
For cement specific rates of excise duty is applicable.
B. CEMENT
Consequent to enhancement of the standard rate of duty from
8% to 10%, the specific rates of duty on cement and cement
clinker is also being revised upwards as follows:
Mini cement plant:
Cement Present rate Proposed rate
1. Cleared in packaged form,-
(i). of retail sale price not exceeding Rs. 190 per 50 kg
bag or of per tonne equivalent retail sale price not
exceeding Rs. 3800; Rs.185 per tonne
(ii). of retail sale price exceeding Rs. 190 per
50 kg bag or of per tonne equivalent retail sale price
exceeding Rs. 3800; Rs.315 per tonne
2. Cleared other than in packaged form Rs.215 per tonne
Other than mini cement plant:
Cement Present rate Proposed rate
1. Cleared in packaged form,-
i) of retail sale price not exceeding Rs. 190 per 50 kg
bag or of per tonne equivalent retail sale price not
exceeding Rs. 3800;
Rs.290 per tonne
(ii). of retail sale price exceeding Rs. 190 per
50 kg bag of per tonne equivalent retail sale price
exceeding Rs. 3800 10% of retail sale price
2. Cleared other than in packaged form 10% or Rs.290 per
tonne, whichever is higher
| Is This Answer Correct ? | 7 Yes | 6 No |
Post New Answer View All Answers
kindly advise me any set off in excise duty in maharashtra
what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???
How do you plan to achieve these goals?
Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?
if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form
I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .
IF MATERIAL TRFD. TO OTHER STATE BRANCH AS STOCK TRFD. IN FEBRUARY AND MATERIAL IS RECEIVED BY BRANCH IN THE M/O MARCH. THAN SHOULD WE ISUE A SEPARATE F FORM FOR THE M/O FEBRUARY AND MARCH
what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
What is c.s.t slab on furniture & fixture ?
Sir Kindly tell me Where is the best institute fir SAP(FICO-CIN and New GL module specially) in Hyderabad ASAP. Regards Om 9910699167
What is tha Central sales tax rate 2010 in andhrapradesh
How to calculate long term capital gain