https://www.taxtmi.com/notifications?id=17595 An alternative fixed duty procedure requires an independent processor of specified processed textile fabrics to debit a prescribed duty per stenter chamber based on annual capacity, record it in the account current, and pay it in advance monthly by the stated date; processors must maintain prescribed production and stock records. Nonpayment attracts interest on outstanding duty and a penalty equal to the outstanding amount or a minimum statutory sum; unauthorized removal of goods risks confiscation and a penalty up to three times the goods' value or a minimum statutory amount. Abatement for continuous stenter closure is available subject to prior notices, sealing, Commissioner's order and prescribed reopening formalities. en-us Thu, 10 Dec 1998 00:00:00 +0530 Mon, 27 Jul 2009 09:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=17595 An alternative fixed duty procedure requires an independent processor of specified processed textile fabrics to debit a prescribed duty per stenter chamber based on annual capacity, record it in the account current, and pay it in advance monthly by the stated date; processors must maintain prescribed production and stock records. Nonpayment attracts interest on outstanding duty and a penalty equal to the outstanding amount or a minimum statutory sum; unauthorized removal of goods risks confiscation and a penalty up to three times the goods' value or a minimum statutory amount. Abatement for continuous stenter closure is available subject to prior notices, sealing, Commissioner's order and prescribed reopening formalities. Notifications Central Excise Thu, 10 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/notifications?id=17595