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Excise rate and turnover

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(Querist)
08 November 2008 Hello
We are a company based in Pune, Maharashtra

We buy softwares from foreign country and resale it in India.

I like to know on how much turnover it Excise duty applicable and how much is the rate of excise duty

I also like to know, If we design our own software and sell it, what will be the rate of excise and at what amount of turnover.

Thanks and regards
Brijesh
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
10 November 2008 For purchase and resale how does excise come into picture?

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