TaxTMI 
TaxTMI 
Dear Sir
W e will plan our existing business expansion (Namkin & patato chips). We got order large volume.& plan excise registration.
Please let me know the Excise chapter & basic excise duty rate.
Namkin & patato Chips
19 Apr 2016 
17 Replies 
14461 Views Asked by
Concessional excise duty without cenvat credit: lower ad valorem rate available and MRP valuation raises classification issues.
Most items are treated under Tariff heading 2106 90 99 with MRP valuation admitting a 35% abatement and an ad valorem duty at the general rate of 12.5%. A concessional notification permits a reduced ad valorem duty when the manufacturer elects not to take CENVAT credit, subject to notification conditions; if CENVAT credit is taken a higher duty rate applies. Retail potato chips may instead fall under Chapter 2005 by tribunal authority, affecting classification and applicable duty. (AI Summary)
Most items are treated under Tariff heading 2106 90 99 with MRP valuation admitting a 35% abatement and an ad valorem duty at the general rate of 12.5%. A concessional notification permits a reduced ad valorem duty when the manufacturer elects not to take CENVAT credit, subject to notification conditions; if CENVAT credit is taken a higher duty rate applies. Retail potato chips may instead fall under Chapter 2005 by tribunal authority, affecting classification and applicable duty. (AI Summary)