1. Excise
  2. Valuation
  3. Duty based on tariff value

What is Tariff Value

Last updated at Dec. 12, 2015 by

Central Government has the power to fix tariff values in respect of some goods

Such tariff value may be

  • different for different types of goods
  • different for different types of manufacturers

Duty is levied as % of tariff value in these cases

  1. Excise
  2. Valuation
    3. Duty based on tariff value
    Valuation on basis of Retail Sales Price →
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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .
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