How i calculate excise duty

This query is : Resolved

Ajeet Kumar Pandey (Querist)
Follow

07 December 2012 Dear Sir,
kindly advise to us, how i calculate Excise duty.

Ex.1. If Total Sale Value Rs. 32091 (Exclusive Excise duty)

Ex. 2. If Total Sale Value Rs. 36207 (Inclusive Excise duty)

Ajeet Pandey

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
Follow

07 December 2012 Reverse calculation:
On total Sale price*(incl duty and sales tax)

1.Sales tax.Sales Tax=sale price *vat or cst rate/(100+rate)

2.Price excluding sales tax=sales price-sales tax

3.Excise duty=step 2 amount*excise rate/(100+excise rate)