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

[B. Naga Rami Reddy]

DUTY to be paid on As per MRP as per Sl.No. 93 of Notification No. 49/2008-CE NT . However you may see latest notification for abatement rate.

[Guest]

Rate of Duty @ 12.5% as per above Tariff code. 8523

As per Appendix XI M R P Based assessment Sl.No. 93 of Notification No. 49/2008-CE NT

Consider [All goods Excep 8523 21 00,29 60, 29 90, 41 20, to 41 50, 49 30,49 50 to 49 90, 52 10, 59, 80 20, 80 30 & 80 60] --------> Abatement as per % = 35%

AI Summary

MRP-based assessment for excise duty applies to blank CDs; duty rate set under tariff and abatement per notification. Excise duty on blank compact discs under tariff 8523 41 10 is assessed on the basis of MRP-based assessment per the notification; the applicable duty rate is determined under that tariff entry and abatement for qualifying goods is available through the appendix schedule, subject to specified exclusions and any subsequent updates in later notifications.