What is the rate of excise duty for the financial year 15-16
This query is : Resolved
14 October 2015
what is the rate of excise duty for the financial year 15-16
14 October 2015
Change in Excise & Service Tax Rate
Central Excise duty to be rounded off to 12.5 % (from 12.36 %)
Service tax to be increased from 12.36 % to 14 %. Date of levy of new rate shall be notified after enactment of Finance Bill 2015. Till the time it is notified the rate shall be 12.36% only.
More info:
https://dateyvs.com/home-3/excise-duty-payable-by-eou-and-its-cenvat-credit/
Central Excise duty to be rounded off to 12.5 % (from 12.36 %)
Service tax to be increased from 12.36 % to 14 %. Date of levy of new rate shall be notified after enactment of Finance Bill 2015. Till the time it is notified the rate shall be 12.36% only.
More info:
https://dateyvs.com/home-3/excise-duty-payable-by-eou-and-its-cenvat-credit/
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