Excise rate

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Querist : Anonymous

Querist : Anonymous (Querist)

16 August 2012 dear friends please tell me which excise rate (10%,12%,or 14%) will be applied in nov 2012 CA exams

RENGARAJ R.K

RENGARAJ R.K (Expert)
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16 August 2012 With effect from 17.03.2012, the Excise Duty rate is 12.36% (including cess).

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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16 August 2012 The Rate of Excise Duty is 12% instead of 10%. The Effective Date of such rate is from 17.03.2012. Hence,
students are required to work out all problems involving ED at 12% instead of 10%.

read link :

http://www.naveenchandkhulve.com/wp-content/uploads/2012/07/Amendment-in-IDT-applicable-for-November12-Exam.pdf

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