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 |
Category of Duty |
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 |
'Types of Duty and Method of Calculation (Excise for Manufacturer)' has been shared with
