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what is excise duty, how much rate calculation on
manufacturing goods?
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Answer Posted / nitindada
Excise Duty is an indirect tax leived by the government
at the time of removal of manufactured goods in India from
the factory premises under cover of invoice. The current
rate of Excise duty is 10%(Basic
Excise Duty), 2%(Edu-cess), 1% (Higher Edu-cess
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