TaxTMI 
TaxTMI 
whether NCCD will be charged on Assessable value or on duty or MRP of Tobacco products
NCCD will be charged on Assessable value or on duty or MRP of Tobacco products
09 May 2018 
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NCCD valuation on tobacco products uses assessable value after MRP abatement, governed by central excise valuation rules.
NCCD on tobacco products is levied on the assessable value calculated after applying the prescribed abatement to MRP; abatement varies by product classification and tobacco content. Valuation for NCCD follows Central Excise law and Valuation Rules, with Section 4A applicable and MRP-based assessment appendices and tariff schedules determining the abatement basis. (AI Summary)
NCCD on tobacco products is levied on the assessable value calculated after applying the prescribed abatement to MRP; abatement varies by product classification and tobacco content. Valuation for NCCD follows Central Excise law and Valuation Rules, with Section 4A applicable and MRP-based assessment appendices and tariff schedules determining the abatement basis. (AI Summary)