Excise rate on tariif No 8523 41 10

[Sumanta Mondal]

Dear Sir,

Which rate of duty applied for blank CD, Tariif code 8523 41 10,

Is it applied base on MRP or Selling Price?

Please share the details included notification number

AI Summary

Duty on Blank CDs Under Tariff Code 8523 41 10 Based on MRP, Not Selling Price, Per Notification No. 49/2008-CE NT. A query was raised regarding the applicable duty rate for blank CDs under tariff code 8523 41 10, questioning whether it should be based on the Maximum Retail Price (MRP) or the selling price. Two responses clarified that the duty is based on the MRP as per Sl.No. 93 of Notification No. 49/2008-CE NT. The duty rate is specified at 12.5%, with an abatement rate of 35% applicable to certain goods, excluding specific tariff codes. Participants were advised to check the latest notifications for any updates on abatement rates.