Duty payment timing: pay and credit central excise duty by month end or clearances will be treated non duty paid. Assessees must calculate and deposit central excise duty for the second fortnight of March and ensure the amount is credited to the Government account by the month end in compliance with rule 8, since duty is deemed discharged only when so credited; failure to ensure credit will render clearances non duty paid. Trade Notices should be issued to alert the trade and secure timely crediting of duty (including clearances on the last day).
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.
Duty payment timing: pay and credit central excise duty by month end or clearances will be treated non duty paid.
Assessees must calculate and deposit central excise duty for the second fortnight of March and ensure the amount is credited to the Government account by the month end in compliance with rule 8, since duty is deemed discharged only when so credited; failure to ensure credit will render clearances non duty paid. Trade Notices should be issued to alert the trade and secure timely crediting of duty (including clearances on the last day).
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