Excess excise collections must be remitted to government, with statutory references amended to incorporate the new obligation. A new sub-section (1A) requires any person who has collected amounts in excess of assessed excise duty or who collected amounts as excise on goods that are wholly exempt or nil-rated to forthwith pay those amounts to the credit of the Central Government; consequential amendments amend sub-section (2) and sub-section (4) to insert references to sub-section (1A) alongside sub-section (1).
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.
Excess excise collections must be remitted to government, with statutory references amended to incorporate the new obligation.
A new sub-section (1A) requires any person who has collected amounts in excess of assessed excise duty or who collected amounts as excise on goods that are wholly exempt or nil-rated to forthwith pay those amounts to the credit of the Central Government; consequential amendments amend sub-section (2) and sub-section (4) to insert references to sub-section (1A) alongside sub-section (1).
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