TaxTMI 
TaxTMI 
What will be status of NCCD in the GST regime. Is NCCD chargeable on all goods of Chapter 24 (i.e. tobacco products like Biri, Gurakhoo etc)
NCCD applicability
25 Jul 2017 
6 Replies 
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NCCD applicability to tobacco continues, while valuation under GST-MRP versus transaction value-remains contested among practitioners.
NCCD continues to be chargeable on tobacco products after GST rollout, but a central dispute exists over valuation: whether NCCD should be measured on the historical MRP based valuation under Central Excise Valuation Rules or on the GST transaction value. Board clarifications and FAQs support applying the old valuation practice, yet some practitioners argue the repeal and the saving clause do not preserve pre repeal valuation for post repeal transactions. (AI Summary)
NCCD continues to be chargeable on tobacco products after GST rollout, but a central dispute exists over valuation: whether NCCD should be measured on the historical MRP based valuation under Central Excise Valuation Rules or on the GST transaction value. Board clarifications and FAQs support applying the old valuation practice, yet some practitioners argue the repeal and the saving clause do not preserve pre repeal valuation for post repeal transactions. (AI Summary)