Excise Duty

[Former Member]

Hi Friends,

Please explain about the various excise duties like BED, AED. When these are applicable?

Thanks & Regards

Saeed Arif

[Former Member · Accepted solution]

Hi,

Here are the rates:

BED- 12.5% and 14% depending on the types of goods

CVD - Counter Vailing duty - 16% (on assesable value + Basic Duty)

ECCVD - Education cess on CVD - 2% (on CVD)

CEC - Custom Education Cess - 2% ( on Basic Duty + CVD + ECCVD)

ACD - Additional Custom Duty - 4% ( on BD+ CVD+ ECCVD + CEC)

I hope this helps..

IV

[Former Member]

Hi,

There are lot of threads discussed in the forum on the subject, Please do a little search and you will get the required information.

https://forums.sdn.sap.com/click.jspa?searchID=22498476&messageID=6074091

https://forums.sdn.sap.com/click.jspa?searchID=22498476&messageID=4309209

https://forums.sdn.sap.com/click.jspa?searchID=22498476&messageID=5827492

Regards,

[Former Member]

Hi Friends,

Thank you for your precious replies.

Please let me know what are the excise rates for BED, AED, Ed Cess, Sec Ed Cess etc. Is it 14% or 12%.

Upto what amount Excise duty is exempted??

Thanks & Regards

Saeed Arif

[Former Member]

Hi Saeed,

For more details on excise duties go thru following link of sap help.

http://help.sap.com/erp2005_ehp_04/helpdata/DE/54/46b39f105b11d4b5ad006094b9ec21/frameset.htm

Regards,

[Former Member]

Excise Duties are Indirect taxes applicable on manufacture of Goods.

BED - Basic Excise Duty - Applicable on base price of the material

ECS - Education Cess - Applicable on BED

SECess - Secondary Higher Education Cess - Applicable on BED

AED - Additional Excise duty - Applicable on base priceEx dutiescustoms duties.( usually imports)

CVD - counter Availaing duties. Applicable in case of Imorts

Regards

Samson