https://www.taxtmi.com/acts?id=1211 Imported articles are liable to an additional duty equal to the excise duty on a like domestic article, calculated ad valorem where applicable; valuation for such duty aggregates customs or tariff value and specified customs charges but excludes certain duties. The Central Government may notify special rates for alcoholic liquor and may impose additional duties to counter-balance excise on inputs or local taxes (up to four percent). Imported goods may also attract integrated tax and GST compensation cess, with valuation rules and warehouse-sale transaction-value provisions governing their calculation. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 12 Feb 2026 14:10:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1211 Imported articles are liable to an additional duty equal to the excise duty on a like domestic article, calculated ad valorem where applicable; valuation for such duty aggregates customs or tariff value and specified customs charges but excludes certain duties. The Central Government may notify special rates for alcoholic liquor and may impose additional duties to counter-balance excise on inputs or local taxes (up to four percent). Imported goods may also attract integrated tax and GST compensation cess, with valuation rules and warehouse-sale transaction-value provisions governing their calculation. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1211