Amends Central Excise Rules, 2002 to prescribe that in case of default of payment of duty beyond 30 days, duty shall be payable for each consignment without availing Cenvat Credit - 013/2006 - Central Excise - Non Tariff
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Default in duty payment requires paying excise duty per consignment without using CENVAT credit until arrears and interest cleared. Where an assessee defaults in payment of excise duty beyond thirty days from the due date, the assessee must pay excise duty for each consignment at the time of removal without utilizing CENVAT credit until the outstanding amount and interest are paid; failure to comply will result in goods being deemed cleared without payment and applicable consequences and penalties.
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.
Default in duty payment requires paying excise duty per consignment without using CENVAT credit until arrears and interest cleared.
Where an assessee defaults in payment of excise duty beyond thirty days from the due date, the assessee must pay excise duty for each consignment at the time of removal without utilizing CENVAT credit until the outstanding amount and interest are paid; failure to comply will result in goods being deemed cleared without payment and applicable consequences and penalties.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.