Deposit pending appeal treated as revenue receipt under excise accounting, classified as remittance of duty. Deposits of duty or penalty required to be made pending adjudication under the statutory appeal provision must be accounted for from the initial stage as remittance of duty and booked directly to the final excise revenue head in Government accounts, rather than to a separate deposit head, consistent with departmental instructions that provisionally collected duties, fines and penalties be treated as revenue receipts pending adjudication.
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.
Deposit pending appeal treated as revenue receipt under excise accounting, classified as remittance of duty.
Deposits of duty or penalty required to be made pending adjudication under the statutory appeal provision must be accounted for from the initial stage as remittance of duty and booked directly to the final excise revenue head in Government accounts, rather than to a separate deposit head, consistent with departmental instructions that provisionally collected duties, fines and penalties be treated as revenue receipts pending adjudication.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
