Pro rata duty adjustment on permanent factory cessation requires intimation and adjustment with refund or payment timelines. Where a manufacturer permanently ceases work of all machines and files intimation for surrender of registration with the Deputy or Assistant Commissioner, duty for the month of cessation is calculated on a pro rata basis comparing days in the month to days before receipt of intimation; duty already paid under the notification in rule seven is adjusted against that calculation, with any excess refunded by the twentieth day of the following month and any deficiency payable by the fifth day of the following month. 'Ceases to work' excludes stoppages of one or two shifts.
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.
Provisions expressly mentioned in the judgment/order text.
Pro rata duty adjustment on permanent factory cessation requires intimation and adjustment with refund or payment timelines.
Where a manufacturer permanently ceases work of all machines and files intimation for surrender of registration with the Deputy or Assistant Commissioner, duty for the month of cessation is calculated on a pro rata basis comparing days in the month to days before receipt of intimation; duty already paid under the notification in rule seven is adjusted against that calculation, with any excess refunded by the twentieth day of the following month and any deficiency payable by the fifth day of the following month. "Ceases to work" excludes stoppages of one or two shifts.
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