clarification about 2%ed.cess & 1% s & h Cess

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..... Respected Sir, As regarding above subject, my query is that one of my clients is taking the benefit of noti.no.08/2003 which is about 1.5 crore exemption limit and as u know that FM has announced .....

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..... budget-2015 on 28-02-15 and he has removed 2% and 1% cess on excisable goods but my client, as he has to pay the excise duty on the closing stock of finished goods and raw material on 31-03-2015 then .....

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..... do I have to calculate 2% ed.cess and 1% s and h cess on closing stock or not.Please reply. THANK U - Reply By MUKUND THAKKAR - The Reply = please advise your client to pay only 12.5% need .....

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..... not to pay 2% and 1%. because closing stock is applicable only new rate. - clarification about 2%ed.cess & 1% s & h Cess - Query Started By: - MEHUL ASHAR Dated:- 1-3-2015 Central Excise - .....

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..... Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM .....

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..... I - TaxTMI - TMITax .....

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