https://www.taxtmi.com/notifications?id=15187 The scheme allows manufacturers who cold-roll stainless steel pattis/pattas to discharge excise liability by paying a government-notified sum per cold rolling machine for a specified period, subject to Collector-approved application procedures, monthly declarations, reconciliation of provisional payments for new or resumed factories, prohibition on input credit against the compounded payment, and conditions for exemption from specified procedural rules; non-compliance triggers duty recalculation at tariff rates, recovery of shortfalls, confiscation, penalty and debarment, with Collector discretion to condone failures and to adjust duties on cessation or reversion to normal procedure. en-us Fri, 13 May 1994 00:00:00 +0530 Sat, 11 Jul 2009 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=15187 The scheme allows manufacturers who cold-roll stainless steel pattis/pattas to discharge excise liability by paying a government-notified sum per cold rolling machine for a specified period, subject to Collector-approved application procedures, monthly declarations, reconciliation of provisional payments for new or resumed factories, prohibition on input credit against the compounded payment, and conditions for exemption from specified procedural rules; non-compliance triggers duty recalculation at tariff rates, recovery of shortfalls, confiscation, penalty and debarment, with Collector discretion to condone failures and to adjust duties on cessation or reversion to normal procedure. Notifications Central Excise Fri, 13 May 1994 00:00:00 +0530 https://www.taxtmi.com/notifications?id=15187