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<h1>Education Cess under Section 93 of Finance Act 2004 adds 2% duty on specified excisable goods.</h1> The Education Cess on excisable goods, as outlined in Section 93 of the Finance (No. 2) Act, 2004, imposes a duty of excise at a rate of two percent on goods specified in the First Schedule to the Central Excise Tariff Act, 1985. This cess is calculated on the aggregate of all excise duties, excluding the Education Cess itself, and is in addition to any existing excise duties under the Central Excise Act, 1944. The provisions of the Central Excise Act, including those on refunds, exemptions, and penalties, apply to the Education Cess as they do to other excise duties.