TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Retail-price valuation for tobacco products (tariff items 2403 99 10-30, gutkha 2403 99 90) set at 55% abatement.</h1> Supersedes Notification No. 49/2008-Central Excise (N.T.), saving actions taken or omitted before supersession, and re-specifies goods for application of section 4A(2) of the Central Excise Act, 1944, with an abatement from the retail sale price for valuation. For tariff items 2403 99 10, 2403 99 20 and 2403 99 30, all goods are covered with 55% abatement, resulting in excise duty valuation based on RSP less 55%. For tariff item 2403 99 90, the specified goods (described as 'Gutkha') carry 55% abatement, producing the same RSP-based valuation outcome. The notification takes effect from 2 February 2022.
TaxTMI 
TaxTMI 
