banner_ad

Central excise duty on ayurvedic products

4841 views 2 replies

Dear all

I want to know about excise duty applicable on manufacturing of ayurvedic medicines.

rate of excise on same

maximum limit of abatement

and the limit allowed

and please tell me that a concern that is not manufacturing but other firm which is engaged in manufacturing under its guidace who is liable to pay excise duty ?

 

plz help me

Replies (2)

Excise duty is applicable on manufacturing of ayurvedic medicine and sold under a brand name. SSI exemption is not available if manufacturing of goods other brand name. 35% abatment is applicable on ayurvedic medicine cleared on MRP based under notification no. 1/2013-CE(N.T.) dated 1.3.2013.

i manufacture branded ayurvedic medicines

 

mrp-100

selling price - 15

turnover - 50 lakh

 

do i come under excise and what is the assessable value


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details