Excise duty rate for pv claim

swetha (Finance Manager) (140 Points)

04 August 2012  

Dear Sir,

We have sent our material with excise duty 10.3% .  Now we got a price variation (Increase in price) approval for the material we have sent.

For the Price variation bill we are going to raise, Whether we have to charge 10.3% excise duty or 12.36% (Current rate)

Kindly advice.