https://www.taxtmi.com/manuals?id=717 Levy of central excise duty depends on placement of goods within the Central Excise Tariff, with Classification determining the applicable heading and tariff rate; specific headings prevail over general ones. Duty is payable at prescribed tariff rates subject to exemption Notifications that modify the effective rate. For ad valorem duties, Valuation typically uses the transaction value where price is sole consideration between unrelated parties, otherwise valuation follows prescribed rules; alternative assessments apply where MRP-based assessment under Section 4A or tariff value under Section 3(2) is notified. en-us Sun, 22 Jul 2012 11:50:00 +0530 Sun, 22 Jul 2012 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=717 Levy of central excise duty depends on placement of goods within the Central Excise Tariff, with Classification determining the applicable heading and tariff rate; specific headings prevail over general ones. Duty is payable at prescribed tariff rates subject to exemption Notifications that modify the effective rate. For ad valorem duties, Valuation typically uses the transaction value where price is sole consideration between unrelated parties, otherwise valuation follows prescribed rules; alternative assessments apply where MRP-based assessment under Section 4A or tariff value under Section 3(2) is notified. Manuals Central Excise Sun, 22 Jul 2012 11:50:00 +0530 https://www.taxtmi.com/manuals?id=717