https://www.taxtmi.com/forum/issue?id=4134 Payment under protest permits an assessee uncertain about excise liability to remit duty while disputing the claim, provided there is prior written intimation and marking of invoices and returns that duty is paid under protest. Collection of duty from customers is allowed but, if CENVAT credit has been availed by the assessee or customers, a successful dispute will generally not permit refund of amounts already credited and differential amounts may not be eligible for CENVAT credit, potentially being transferred to the consumer welfare fund. Provisional assessment is an alternative to manage quantum pending finalisation. en-us Mon, 07 May 2012 15:36:50 +0530 Thu, 23 Jan 2025 15:58:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4134 Payment under protest permits an assessee uncertain about excise liability to remit duty while disputing the claim, provided there is prior written intimation and marking of invoices and returns that duty is paid under protest. Collection of duty from customers is allowed but, if CENVAT credit has been availed by the assessee or customers, a successful dispute will generally not permit refund of amounts already credited and differential amounts may not be eligible for CENVAT credit, potentially being transferred to the consumer welfare fund. Provisional assessment is an alternative to manage quantum pending finalisation. Discussion-Forum Central Excise Mon, 07 May 2012 15:36:50 +0530 https://www.taxtmi.com/forum/issue?id=4134