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what is excise duty, how much rate calculation on
manufacturing goods?
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Answer Posted / nootan sharma
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 5%(Basic Excise Duty), 2%(Edu-cess),
1% (Higher Edu-cess)
| Is This Answer Correct ? | 3 Yes | 2 No |
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