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of <h1>Excise Duty Circular: Include State Surcharge, RPO Charges, and More in Petroleum Product Assessable Value.</h1> The circular addresses the determination of the assessable value (AV) of petroleum products for excise duty purposes. It clarifies that for petroleum products, various charges collected by oil companies from buyers should be included in the AV. These include State Surcharge, Retail Pump Outlet (RPO) Charge (excluding verified transportation costs), RPO Surcharge, Railway Siding/Shunting Charges, and Air Field Charges (excluding verified transportation costs). The circular aims to ensure uniform assessment practices and advises finalizing pending assessments based on these clarifications.
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