Ostroff, Fair and Company
*Ostroff, Fair and Company>>>India Taxes

What is Excise/Excise Duty? What are the rates applicable for Pharmaceutical Comapnies of India ?


I am looking for details on excise as well as the rates of exicise in earlier times and in recent times.

Excise duty is a duty on manufacture,

The general rate is 16% + 2 % education cess

However it changes acc to the classification of the goods,

check the CENTRAL EXCISE TARIFF ACT for the rate for pharmaceutical products
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