Hello,
Please help me to get breakup of Tax ED 14.42% i.e.How much % of ED, how much % of ECESS, How much % of SECESS.
Vikram raj
2 Replies
praveen
(Chartered Accountant)
(6971 Points)
Replied 10 September 2011
Thats Easy boss
ED - 14%
Education Cess- 0.28%
SHE Cess -0.14%
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DAYANANDA K N
(ACCOUNTS EXCECUTIVE)
(575 Points)
Replied 10 September 2011
14.42% is net rate of Excise duty which inclused 14% basic ED, 2% Ed cess and 1% S and HE cess.
2% and 1% is calculated on 14% so effective rate of duty will be 14.42%
Regards
Dayananda
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