Examples of Excise tax based on 'TARIFF' value?

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Does anybody have any idea about some goods on which excise duty is charged according to a tariff.... can you also explain what the procedure is? and is there any good on which excise tax is charged based on length or weight?

 

 

Replies (4)

presently tariff  value is fixed for pan masala packed in ratail packs of less than 10gms/pack and tariff  value for ready made garments has been prescribed as 60% of their retail price and etc.

And specific duty is payable on the basis of certain unit of weight or measure

presently this method is applicable to the following:-

cigarettes (length basis)

matches (per 100 boxes)

sugar (per quintal basis)

marble slabs and tiles (per square meter basis)

cement clinkers (per tonne basis)

molases (per quintal basis)

colour television when mrp is not marked on the package or when mrp is not the sole consideration for sale (based on screen size)

Thanx a lot....

It's ok

bye the way i am sudhamsh from hyd doing icwai(final)

hope that i have cleared ur doubt

bye

Dear Sir, Please Send the excise the all formate & Details Thanking You, Ritesh Kumar Roy


CCI Pro

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