F.No.345/2/2013-TRU ,
Dated : 2nd January, 2014
Subject: Fixation of tariff value under section 3(2) of the Central Excise Act, 1944 in respect of goods falling under heading 3304 of the Central Excise Tariff – Regarding.
Your attention is invited to notification No.16/2013-Central Excise (NT), dated 31.12.2013, prescribing tariff value under section 3(2) of the Central Excise Act, 1944 in respect of goods falling under tariff heading 3304 (beauty or make-up preparations and preparations for the care of the skin, etc.) of the Central Excise Tariff and in respect of which the provisions of section 4A of the Central Excise Act, 1944 do not apply. The tariff value shall be the retail sale price (RSP) less abatement as prescribed for such goods under notification No.49/2008-Central Excise (NT), dated 24.12.2008. Presently, the abatement rate in respect of goods falling under tariff heading 3304 is 35%. Thus, the tariff value under section 3(2) of the CEA, 1944 for such goods shall be 65% of RSP.
2. Difficulties faced, if any, in implementation of the said notification may be brought to the notice of the Board.
Yours faithfully,
(P.K. Mohanty)
Joint Secretary (TRU)
Tel.: 2309 2687.
