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1 mark

Central Excise Duty rates were increased from 12.36% to:

  1. A
    16.50%
  2. B
    20.00%
  3. C
    13.10%
  4. D
    12.50%

Solution & Step-by-step Explanation

In the Union Budget of 2015-16, the standard rate of Central Excise Duty was increased from 12.36% to 12.50% to streamline tax rates ahead of GST implementation.

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Central Excise Duty rates were increased from 12.36% to:
A
16.50%
B
20.00%
C
13.10%
D
12.50%

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TaxationCentral Excise Duty

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