Excise Abatement

Say product cost is Rs.100

Than charged 3 % ED

E.Cess 1 %

SHE Cess 2 %

Or other taxes if any on it.

Hi, Pankaj,

You are saying E,Cess 1%, SHE Cess 2%,

it is not like that,

Please see below; 

Edu.Cess is 2%

SH.Edu.Cess is 1% 

thanks for correcting me...

As per my view...

Like say product is of Rs. 100

by taking abatement of 70%, your taxable value would be Rs. 30.

on which 10% excise duty, 2% E.cesws and 1 % S.H.E. Cess is payable..

yes agree with pinky..