Poonawalla fincorps
Poonawalla fincorps

Rate of excise duty chageble to manufacturing of bags

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(Querist)
23 March 2015 Hello

pls tell me the excise duty rate applicable on manufacturing of bags , mobile covers etc.
whether it is 12.36% or 12.5%???
if it is 12.5%, then plz give me date of applicability.
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CA CS Sweta Solanki

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CA CS Sweta Solanki (Expert)
24 March 2015 Excise duty rate has been increased from 12.36% to 12.5% from March 1, 2015.

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