Special procedure for payment of duty allows notified alternative duty calculation and prescribes application and abatement rules. Special procedure allows an assessee to opt to pay excise duty for specified goods by reference to production related factors and at rates fixed by notification; the notification may set limitations and conditions, including interest or penalty. The Government may also notify the manner of application, any abatement for factory closure, and other incidental matters necessary to implement the procedure.
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.
Special procedure for payment of duty allows notified alternative duty calculation and prescribes application and abatement rules.
Special procedure allows an assessee to opt to pay excise duty for specified goods by reference to production related factors and at rates fixed by notification; the notification may set limitations and conditions, including interest or penalty. The Government may also notify the manner of application, any abatement for factory closure, and other incidental matters necessary to implement the procedure.
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