https://www.taxtmi.com/forum/issue?id=113669 NCCD on tobacco continues to be leviable as an excise duty and must be valued under the Central Excise Act and Valuation Rules; it is charged on the assessable value after allowing the prescribed abatement from MRP (MRP minus abatement), not by adding amounts above declared MRP, and GST valuation norms do not govern NCCD valuation. en-us Wed, 25 Apr 2018 16:16:55 +0530 Thu, 23 Jan 2025 15:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113669 NCCD on tobacco continues to be leviable as an excise duty and must be valued under the Central Excise Act and Valuation Rules; it is charged on the assessable value after allowing the prescribed abatement from MRP (MRP minus abatement), not by adding amounts above declared MRP, and GST valuation norms do not govern NCCD valuation. Discussion-Forum Central Excise Wed, 25 Apr 2018 16:16:55 +0530 https://www.taxtmi.com/forum/issue?id=113669