Ecess shecess
This query is : Resolved
CA Yugma Parikh
(Querist)
14 October 2015
Is it true that if removal of finished goods as per Excise after 1.03.2015 then we dont have to consider Education cess and Higher secondary Education cess and just have to apply 12% for Nov 15 exams?
Please help
Arun Kumar Singh
(Expert)
18 October 2015
On or after 1.3.2015 you need to pay excise duty 12.5% in the head of basic duty.
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