Calculation of excise duty

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Querist : Anonymous

Querist : Anonymous (Querist)

07 December 2012 Dear Sir,
Kindly suggest me how I calculate Excise duty
Ex. Total Sale value. 32091 (Inclusive ED)

@VaibhavJ (Expert)
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07 December 2012 HI

It is inclusive of Excise or Exclusive?

Thanks

Message likes : 1 times

@VaibhavJ (Expert)
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08 December 2012 hi if ED is 16% & 3% is Cess then effective rate would be 16.48

so (32091 x 16.48)/116.48 = 4540

Basic Sales = 27550

Thanks

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