Pro rata duty adjustment on cessation of factory operations: duty calculated by days with refunds or shortfalls reconciled promptly. If a manufacturer permanently ceases work for all machines and files an intimation surrendering registration with the appropriate Deputy or Assistant Commissioner (copy to the Superintendent), monthly duty is calculated pro rata by days up to receipt of that intimation; duty paid under the notification is adjusted against this liability, with any excess refunded by the twentieth day of the following month and any deficiency payable by the fifth day. Ceasing operations for one or two shifts does not constitute cessation.
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 cessation of factory operations: duty calculated by days with refunds or shortfalls reconciled promptly.
If a manufacturer permanently ceases work for all machines and files an intimation surrendering registration with the appropriate Deputy or Assistant Commissioner (copy to the Superintendent), monthly duty is calculated pro rata by days up to receipt of that intimation; duty paid under the notification is adjusted against this liability, with any excess refunded by the twentieth day of the following month and any deficiency payable by the fifth day. Ceasing operations for one or two shifts does not constitute cessation.
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