Compensation cess based on Retail Sale Price per unit; system mandates self declaration and provisional assessment procedures. Levy of compensation cess is based on Retail Sale Price per unit; provisional assessment is allowed pending the GST Council. Where RSP is not legally required on packaging, RSP for provisional assessment shall be importer self declared, taking account of prices of identical or similar imported goods sold in India. The system requires Single Window declarations (GST, CCESS, RSP, Retail Sale Price, number of units) and will calculate cess as rate x RSP x units. Bills of entry under this notification will be assessed as provisional and a PD bond is required.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Compensation cess based on Retail Sale Price per unit; system mandates self declaration and provisional assessment procedures.
Levy of compensation cess is based on Retail Sale Price per unit; provisional assessment is allowed pending the GST Council. Where RSP is not legally required on packaging, RSP for provisional assessment shall be importer self declared, taking account of prices of identical or similar imported goods sold in India. The system requires Single Window declarations (GST, CCESS, RSP, Retail Sale Price, number of units) and will calculate cess as rate x RSP x units. Bills of entry under this notification will be assessed as provisional and a PD bond is required.
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