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of <h1>New Rule: SSI Units Can Pay Excise Duty Monthly Starting June 1, 1999, Per Notification No. 36/99.</h1> The circular announces a new rule allowing Small Scale Industry (SSI) units to pay excise duty on a monthly basis starting June 1, 1999, as part of administrative simplification. This change is based on the Finance Minister's Budget Speech for 1999-2000 and is implemented through Notification No. 36/99. The rule applies to manufacturers availing exemptions under specified notifications and requires them to notify the relevant authorities of their intent to use this facility. Manufacturers must assess duty monthly and submit returns quarterly. Penalties and interest are imposed for non-compliance, and repeated failures may result in disqualification from the scheme.
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