Branded goods levy clarified: tariff valuation, registration duties, and exemptions for returned duty-paid stock established. Notifications dated 24 March 2011 revise excise and customs treatment: tariff valuation for branded garments/made-ups reduced to 45% of RSP and wholesale price deemed tariff where RSP is undisclosed; returned duty-paid stock exempt up to 10% of prior-year clearances subject to procedure and non-availment of Cenvat; brand owners are primarily liable unless a job-worker is authorised; SSI eligibility computed on tariff value. A one percent excise regime for 130 items includes simplified compliance for exclusive manufacturers; mobile handsets and silicon wafers receive distinct treatments. Customs exemptions, concessional rates for printer parts, CKD kit duty adjustments, and a five percent CVD parity rule where Cenvat is availed are also clarified.