So I want to know what is exact excise duty payable on Sugar in India currently and how it is calculated? Is there any state level duty which is imposed on Sugar?
02 December 2015
As per Section 3(2) there are some notified goods on which excise duty is charged on Quantity basis(per Quintal) irrespective of the value at which they are sold. and such tariff value is fixed by the Central Government.
Actual Specifed Excise Duty is 97 per Quintal for Sugar