mode of payment of excise duty.

[Anil Jangid]

Dear expert

what is mode of payment of central excise duty,is it payment only through on line or old method through cheque TR-6 challan.what is the last date of payment of excise duty is it 5th or 6th.?what is the rate of interest for late payment?

AI Summary

Online Payment Required for Central Excise Duty by 6th of Month; 18% Interest for Late Payments A participant inquired about the mode of payment for central excise duty, asking whether it must be paid online or if the traditional cheque TR-6 challan method is still acceptable. They also questioned the deadline for payment and the interest rate for late payments. Responses clarified that payment must be made online, with the deadline being the 6th of the month, and an interest rate of 18% for late payments. Additional advice included consulting the Range Superintendent if issues arise during payment.