Excise duty problem

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 June 2015 Dear Sir, Please any one solve this problem urgently plz plz plz.....

Indira Industries, Pune produces a product the cost of production is Rs. 450/- per unit, selling cost is 90/- per unit and profit is 50/- per unit. the excise duty is due @ 12.36% during a month, the actual production was 90000 units. the discounts are offered to different class of buyers at varying rates. the disposal of goods was as follows.
class Quantity Discount % of sales price Distributor 40000 20% Agent 6000 16% Super Bazar 8000 10% Retail Outlet 4000 5% Foreigner 4000 15% Calculate duty payable
I hopes some one solve this sum urgent basis ... Thank you Regards VIJAY

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Arun Kumar Singh

Arun Kumar Singh (Expert)
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08 June 2015 The duty of excise will be payable on the transaction value of the goods. In the transaction value cost of production and minimum 10% profit should be mention. You should consult with any professional.