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of <h1>Customs Duty on Imported Color TVs Must Follow Section 3(1) of Customs Tariff Act, Not MRP Abroad</h1> The circular clarifies that for imported Colour Television Receiver Sets with MRP affixed on the packaging, the additional customs duty equal to excise duty (CVD) cannot be calculated under sub-clause (i) of Notification No. 5/99-CE, which applies only when the retail sale price is declared at the factory of production within India. Since the MRP affixed abroad does not comply with the Standards of Weights and Measures Rules, the CVD must be calculated under sub-clause (ii) of the same notification, applying specific rates based on screen size. The Additional Duty must follow Section 3(1) of the Customs Tariff Act, 1975, applying the highest excise rate for like goods manufactured domestically. Authorities are directed to apply this method for current and past imports and recover any dues where incorrect calculations were made.
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