Permissible error on net quantity by weight in cement packaging: reconcile monthly and pay duty on any net excess delivered. Manufacturers must compute the net variation between total quantity delivered in a month and the quantity assessed for duty, pay excise duty on any net excess, and maintain weighment and production records for audit. If duty on the net excess is not paid with the monthly liability, applicable interest will be charged, and the paid excess must be reported in monthly returns.
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.
Permissible error on net quantity by weight in cement packaging: reconcile monthly and pay duty on any net excess delivered.
Manufacturers must compute the net variation between total quantity delivered in a month and the quantity assessed for duty, pay excise duty on any net excess, and maintain weighment and production records for audit. If duty on the net excess is not paid with the monthly liability, applicable interest will be charged, and the paid excess must be reported in monthly returns.
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