Excise duty on marble slab/ tiles

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Shikha Jain (Querist)
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06 November 2013 Hello,

Excise duty rate on Marble slabs/ Tiles is Rs. 60 per sq. mtr. and the tariff rate of excise duty is 12%.
Can anybody tell me whether duty @ Rs. 60 per sq. mtr. can exceed duty @ 12%.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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09 November 2013 HI,
actually duty on this item is 12%, but Refer to CBEC notification no.12 dtd 17.03.2012 is rs. 60.(Rs 30 sq m to Rs 60 sqm)

it means that duty will be impose which is lower both of them condition.

http://cbec.gov.in/customs/cs-act/notifications/notfns-2012/cs-tarr2012/cs12-2012.pdf

Shikha Jain

Shikha Jain (Querist)
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09 November 2013 Thank You for your reply. But Sir,it is also mentioned in the act that if Govt has specified rate of excise duty on a particular item then duty shall be deposited on the basis of that specified rate only.
Please send clarification in this regard, i will be thankful to you.
Also, there is an e.g.. Please see & tell me what amount of duty is to be deposited on Marble slab;-
Sale of 575.1347 sq mt. @ 226.044/- total bill amount is Rs. 130005.75.
Excise duty @ Rs. 60 per sq. mt. will be Rs. 34508 (575.1347*60) + 3% cess while Excise duty @ 12% will be Rs.15600.69 (130005.75*12%)+3% cess.
Please tell in the above mentioned e.g. how much amount of duty liability is to be paid to the Govt.

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RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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09 November 2013 roughly,,,,

first condition rs.34508
2nd condition duty 17705

provide per forma invoice so that after check can be examine....

Shikha Jain

Shikha Jain (Querist)
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09 November 2013 Sl Description of Goods Quantity Rate per Amount
No.
1 Marble Slabs/tiles ( M) 6190.750 sft. 21.00 sft. 130005.75

Output Excise Duty 34508.00
Output Education Cess @2% 2 % 690.00
OutputSecondary Edu Cess @1% 1 % 345.00
C.S.T. @ 2% Ag Form 'C' 2 % 2600.12
Round Off 0.28
Total 6190.750 sft. ₹ 168149.15