Goods and Services Tax – Started By: – ramappa Nagappa – Dated:- 9-5-2018 Last Replied Date:- 16-6-2018 – whether Reply By KASTURI SETHI – The Reply = Assessable value is to be arrived at after deducting the percentage of abatement from MRP. On that value NCCD will be computed. – Reply By YAGAY and SUN – The Reply = Abatement rate runs from a range 50% -55% for tobacco products depending on the classification and containing the pertcentage of tobacco in particulars product. – Reply By KASTURI SETHI – The Reply = Section 4A of Central Excise Act is applicable. – Reply By YAGAY and SUN – The Reply = Please refer appendix XI – MRP Based assessment – Percentage of abatement read with Schedule III of the C.E.Tariff and appendix X of the NCCD i
= = = = = = = =
Plain text (Extract) only
For full text:-Visit the Source
= = = = = = = =