How to calculate the excise duty on goods
This query is : Resolved
25 December 2013
Excise duty is calculated on the transaction value to be determined as per the Central Excise Act read with Central Excise Rules.
In normal circumstances the sale price will be the transaction value and excise duty will be calculated on such sales price.
In normal circumstances the sale price will be the transaction value and excise duty will be calculated on such sales price.
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