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what is excise duty, how much rate calculation on
manufacturing goods?
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Answer Posted / kumar
Excise Duty is duty which was compulsory paid to Central
Govt.
This Duty is to be paid by Mfg.
this goods also mfg.in india.
and at time of mfg goods raw material is used.Either which
was import or local.
now Excise Duty is 10% + 2% + 1%
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