Dear All
1>I want to know what are the exact percentage rates when we are selling goods
Bed,EduCess,Sec Cess,Cst,Vat. how do they caluculate.
2>Cenvat is output excisable tax-input excisable tax(Means input tax is on 1000rs exicable is 20 rs and i sell it in 2000rs on which excisable is 80rs then the cenvat will be 80-40=40 rs i have to give to authority.
or
it is like this suppose input tax is on 1000 is 20 rs and output tax is on 1000 is 40 rs
it will be 40-20=20
which one is correct i have to calculate as per 1000 rs only or i have to consider 2000 rs new rate.
regards
Ana.