The excise duties can be calculated on Assessable value and Duty Value. According to the Excise laws, the list of Excise duties with the method of calculation is tabulated below.
Type of Duty |
Duty Type |
Method of calculation |
Basic Excise Duty (BED) |
Excise |
On Assessable Value |
Special Excise Duty (SED) |
Excise |
On Assessable Value |
AED (GSI) |
Excise |
On Assessable Value |
AED (TTA) |
Excise |
On BED + SED |
AED (TTW) |
Excise |
On BED + SED |
AED (PM&T) |
Excise |
On BED + SED |
NCCD |
Excise |
On BED + SED + AED (GSI) |
Special AED |
Excise |
On Quantity |
AED on HSD (High Speed Diesel) |
Excise |
On Quantity |
Educational Cess |
Excise |
On Total Excise Duty |
SHE Cess on Excise duty |
Excise |
On Total Excise Duty |
Countervailing Duty(CVD) |
CVD |
On Assessable Value + BCD |
SED of CVD |
CVD |
On Assessable Value + BCD |
AED (GSI) of CVD |
CVD |
On Assessable Value + BCD |
AED (TTA) of CVD |
CVD |
On CVD + SED of CVD |
AED (TTW) of CVD |
CVD |
On CVD + SED of CVD |
AED (PM&T) of CVD |
CVD |
On CVD + SED of CVD |
NCCD of CVD |
CVD |
On CVD + SED of CVD + AED (GSI) of CVD |
Special AED of CVD |
CVD |
On Quantity |
AED on High Speed Diesel of CVD |
CVD |
On Quantity |
Educational Cess on CVD |
CVD |
On Total CVD |
SHE Cess on CVD |
CVD |
On Total CVD |
Basic Custom Duty |
Customs |
On Assessable Value |
Additional Duty on Customs |
Customs |
On BCD |
Educational Cess on Customs |
Customs |
On Total Customs and CVD |
SHE Cess on Customs |
Customs |
On Total Customs and CVD |
Special Custom Duty |
Customs |
On Current Sub Total |
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