Guidelines for Payment of duty on fortnight-basis on removal of goods from the factory permises or from an approved place of removal - 031/2000 - Central Excise - Non Tariff
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Fortnightly duty payment: manufacturers must debit account current or use CENVAT credit, or face interest and forfeiture. Manufacturers must assess duty per consignment, record details in Form RG-I, and indicate duty on each gate pass or invoice. Total duty for each fortnight is to be discharged by debiting an account current or by utilising CENVAT credit; a calendar-month option remains for specified exemptions. Late payment attracts interest and persistent default leads to temporary forfeiture of instalment facility, mandatory per-consignment payment, and potential treatment of clearances as unpaid with attendant 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.
Fortnightly duty payment: manufacturers must debit account current or use CENVAT credit, or face interest and forfeiture.
Manufacturers must assess duty per consignment, record details in Form RG-I, and indicate duty on each gate pass or invoice. Total duty for each fortnight is to be discharged by debiting an account current or by utilising CENVAT credit; a calendar-month option remains for specified exemptions. Late payment attracts interest and persistent default leads to temporary forfeiture of instalment facility, mandatory per-consignment payment, and potential treatment of clearances as unpaid with attendant penalties.
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