https://www.taxtmi.com/forum/issue?id=112438 NCCD continues to be chargeable on tobacco products after GST rollout, but a central dispute exists over valuation: whether NCCD should be measured on the historical MRP based valuation under Central Excise Valuation Rules or on the GST transaction value. Board clarifications and FAQs support applying the old valuation practice, yet some practitioners argue the repeal and the saving clause do not preserve pre repeal valuation for post repeal transactions. en-us Tue, 25 Jul 2017 14:13:55 +0530 Thu, 23 Jan 2025 15:55:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112438 NCCD continues to be chargeable on tobacco products after GST rollout, but a central dispute exists over valuation: whether NCCD should be measured on the historical MRP based valuation under Central Excise Valuation Rules or on the GST transaction value. Board clarifications and FAQs support applying the old valuation practice, yet some practitioners argue the repeal and the saving clause do not preserve pre repeal valuation for post repeal transactions. Discussion-Forum Central Excise Tue, 25 Jul 2017 14:13:55 +0530 https://www.taxtmi.com/forum/issue?id=112438