https://www.taxtmi.com/forum/issue?id=113724 NCCD on tobacco products is levied on the assessable value calculated after applying the prescribed abatement to MRP; abatement varies by product classification and tobacco content. Valuation for NCCD follows Central Excise law and Valuation Rules, with Section 4A applicable and MRP-based assessment appendices and tariff schedules determining the abatement basis. en-us Wed, 09 May 2018 19:29:15 +0530 Thu, 23 Jan 2025 15:55:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113724 NCCD on tobacco products is levied on the assessable value calculated after applying the prescribed abatement to MRP; abatement varies by product classification and tobacco content. Valuation for NCCD follows Central Excise law and Valuation Rules, with Section 4A applicable and MRP-based assessment appendices and tariff schedules determining the abatement basis. Discussion-Forum GST Wed, 09 May 2018 19:29:15 +0530 https://www.taxtmi.com/forum/issue?id=113724