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Answer Posted / mohit bajaj
Excise invoice is a leagal document prepared by a
manufacturer for every singal KG of the material which is
going out of his premises. currently the excise duty
payable by the manufacturer to the govt. is 10.3% of the
net value of goods out of which :-
10% is the excise duty
0.2% is education cess
0.1% is higher education cess.
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