Excise computation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 August 2013
Dear Sir
we request to above subject send me excel format ( for exm : out put vat minus input vat = payable Vat same

Excise
- input Excise
- service Tax

=Payable Amt

RENGARAJ R.K

RENGARAJ R.K (Expert)
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11 August 2013 The query is not clear.

As per my understanding,

excise is payable under 2 section (Sec 4 and 4A). One is advalorem price and other one is MRP minus abatement.

Excise is payable after availing the cenvat and eligible service tax.