https://www.taxtmi.com/circulars?id=6412 Principal Collectors of Central Excise may grant, on merits and in deserving cases, payment of Central Excise dues in up to 12 instalments after assessing the assessee's financial position and revenue interest. Interest is chargeable from confirmation of the demand as simple interest at 17.5% compounded monthly. Monthly reports of such cases must be sent to the Board, and requests for more than 12 instalments must be referred to the Board with clear recommendations including financial position and past tax performance. en-us Mon, 18 Mar 1991 00:00:00 +0530 Fri, 03 Jul 2009 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6412 Principal Collectors of Central Excise may grant, on merits and in deserving cases, payment of Central Excise dues in up to 12 instalments after assessing the assessee's financial position and revenue interest. Interest is chargeable from confirmation of the demand as simple interest at 17.5% compounded monthly. Monthly reports of such cases must be sent to the Board, and requests for more than 12 instalments must be referred to the Board with clear recommendations including financial position and past tax performance. Circulars Central Excise Mon, 18 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6412