https://www.taxtmi.com/forum/issue?id=109598 Levy and collection of excise duty requires payment on excisable goods at prescribed tariff rates; valuation is primarily by transaction value, with special rules for related party dealings and valuation reference to retail sale price in specified cases. Remission provisions address duty relief where goods are deficient or lost, and a statutory power permits exemptions from duty in defined circumstances. en-us Wed, 23 Dec 2015 14:56:36 +0530 Thu, 23 Jan 2025 15:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109598 Levy and collection of excise duty requires payment on excisable goods at prescribed tariff rates; valuation is primarily by transaction value, with special rules for related party dealings and valuation reference to retail sale price in specified cases. Remission provisions address duty relief where goods are deficient or lost, and a statutory power permits exemptions from duty in defined circumstances. Discussion-Forum Central Excise Wed, 23 Dec 2015 14:56:36 +0530 https://www.taxtmi.com/forum/issue?id=109598