Respected Sir,
As regarding above subject, one of my clients is taking the exemption benefit of noti. no.08/2003, as on 31-03-2014 he has to pay duty on stock like raw material & finish goods then as he pays the duty then in other page where we have to show the entry of duty paid on stocks either under the tab of interest or arrears,please inform that under which rule it will come.Please reply.
THANKING U.
Clarification Sought on Duty Entry for Stock Under Central Excise Rules and Notification No. 08/2003 Exemption Benefit A user inquired about the correct procedure for entering duty paid on stock under Central Excise rules, specifically regarding the exemption benefit under notification no. 08/2003. The user asked whether the duty should be recorded under interest or arrears as of March 31, 2014. The respondent, Pradeep Khatri, indicated that the query was unclear and requested further clarification. (AI Summary)