TaxTMI 
TaxTMI 
Whether an assessee is availing the benefit of Exemption Notification No 1/2011 CE Dated 1/3/2011 and is manufacturing only those goods which are specified in the said notification and is filling ER-8 Return can pay duty on quarterly basis or not
Due date for payment for those availing 1/2011 CE
01 Mar 2014 
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Quarterly payment eligibility for excise duty denied for exemption-notified manufacturers, except where SSI turnover criteria allow quarterly payments.
Units manufacturing only goods covered by Exemption Notification No. 1/2011 CE and filing ER-8 returns are not entitled to make quarterly excise duty payments because neither the notification nor the Central Excise Rules authorise substitution of quarterly for monthly payments; however, a unit eligible for the SSI exemption by reason of its turnover in the previous year being below the small-scale industry threshold may opt to pay duty quarterly under the amended payment rules applicable to SSI assessees. (AI Summary)
Units manufacturing only goods covered by Exemption Notification No. 1/2011 CE and filing ER-8 returns are not entitled to make quarterly excise duty payments because neither the notification nor the Central Excise Rules authorise substitution of quarterly for monthly payments; however, a unit eligible for the SSI exemption by reason of its turnover in the previous year being below the small-scale industry threshold may opt to pay duty quarterly under the amended payment rules applicable to SSI assessees. (AI Summary)