https://www.taxtmi.com/notifications?id=161 Rule 8 now charges interest on unpaid excise duty from the day after the due date until actual payment and forfeits the monthly instalment facility where duty remains unpaid beyond thirty days, requiring payment by debit to account current and deeming nonpayment as clearance without payment. Rule 12 permits scrutiny of self-assessed duty based on returns and further enquiry and requires assessees to produce documents and records for verification. Rule 22 expands mandatory records to include accounting of goods, input services and financial statements and adopts the CENVAT Credit Rules' definitions of first and second stage dealers. en-us Sun, 13 Mar 2005 00:00:00 +0530 Wed, 12 Nov 2008 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=161 Rule 8 now charges interest on unpaid excise duty from the day after the due date until actual payment and forfeits the monthly instalment facility where duty remains unpaid beyond thirty days, requiring payment by debit to account current and deeming nonpayment as clearance without payment. Rule 12 permits scrutiny of self-assessed duty based on returns and further enquiry and requires assessees to produce documents and records for verification. Rule 22 expands mandatory records to include accounting of goods, input services and financial statements and adopts the CENVAT Credit Rules' definitions of first and second stage dealers. Notifications Central Excise Sun, 13 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/notifications?id=161