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of <h1>New Circular Clarifies Excise Duty Assessment for Smokeless Tobacco: Focus on Packing Machines, Not Actual Production.</h1> The circular addresses inconsistencies in the assessment of excise duty under the compounded levy scheme for smokeless tobacco products. It clarifies that excise duty should be calculated based on deemed production, determined by the number of packing machines in a factory, not actual production. The scheme applies to products like Pan Masala and Gutkha, with duty rates based on Retail Sale Price slabs. The circular emphasizes objectivity by using the number of machines as the sole production factor, as per the relevant rules and notifications. Field formations and taxpayers are advised to adhere to these guidelines, and any implementation issues should be reported to the Board.
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