15 April 2015
http://www.dutycalculator.com/hs-code-duty-rate-import-restrictions/854140/solar-panels/8541.40.6020/8541.40.9029/1018/
Querist :
Anonymous
Querist :
Anonymous
(Querist)
15 April 2015
sir i ma asking about rate of excise duty on manufacturing of solar panels if we are the manufacturers then wat is the rate to charge on invoice
Before March 1, 2015: Excise duty was 12% + cess. From March 1, 2015 onwards, it was set at a flat 12.5% with no cess eximguru.com indiabudget.gov.in . ๐งพ What This Means for Manufacturers: On every invoice for manufacturing or clearing solar cells/modules/panels, you should charge 12.5% excise duty. This duty is CENVAT credit-eligible, meaning downstream manufacturers can claim input credit. No additional cess applies.