Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001 - Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001
Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001 - Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001
Recovery of duty where concessional goods are not used for intended purpose requires payment of differential duty with interest. Recovery of duty applies when concessional-rate goods are not used for the intended purpose: the recipient manufacturer must pay the difference between ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Recovery of duty where concessional goods are not used for intended purpose requires payment of differential duty with interest.
Recovery of duty applies when concessional-rate goods are not used for the intended purpose: the recipient manufacturer must pay the difference between the duty otherwise leviable and any duty already paid, with interest, and recoveries follow the provisions of the Central Excise Act; defective, damaged, unsuitable or surplus goods may be returned to the supplier and will be added to the supplier's non-duty paid stock; loss or destruction by natural causes or unavoidable accidents in transit, handling, or storage is treated as non-use for intended purpose.
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