calculation query in excise duty???

malarvannan (accounts executive) (133 Points)

07 June 2011  

Dear friends pls clarify as stated below:

If the assessible value is 90

edu cess 10%                9.00

cess on e.d 2%              0.18 

s&h 1%                         0.09

total                              9.27

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Reverse caln.

= 90/99.27*100            90.66

   e.d                               9.07

cess on e.d                      0.18

s&h                                 0.09

  total                           100.00

but the assessable value is 90/-, pls clarify

 

Pls guide me..

best regards

malarvannan