Excise Duty on Mineral Water
This query is : Resolved
24 November 2010
What is the excise duty rate on mineral water
24 November 2010
Mineral water falls under the chapter 220210 of Central Excise Tariff Act 1985. The duty rate is 10.3% after allowing 48% rebate on the MRP value. i.e if the MRP is Rs 10, Assesable value will be Rs 5.20 and duty payable is Rs 0.54.
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