TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 12B of Central Excise Act: Duty Burden Presumed on Buyer Unless Proved Otherwise; Key for Refunds and Credits.</h1> Section 12B of the Central Excise Act, 1944, establishes a presumption that any person who has paid excise duty on goods is considered to have passed the full burden of that duty onto the buyer. This presumption holds unless the payer can prove otherwise. This provision is relevant for purposes of refund and crediting certain amounts to the fund, ensuring that the duty's financial impact is assumed to be transferred to the buyer unless evidence is provided to the contrary.
TaxTMI 
TaxTMI 
