https://www.taxtmi.com/notifications?id=118857 The amendments revise commencement dates and clarify that an assessee is liable to pay interest on amounts under provisional assessment not paid by the due date, with interest running from the day after the due date until actual payment; an illustrative example demonstrates interest calculation for staggered payments and final assessment. Eligibility thresholds for small manufacturer concessions under rule 8 are redefined for specified jewellery and other manufacturers. Terminology is changed to "Annual Return," provisions extended to export-oriented units, revised-return windows are prescribed and treated as the "relevant date" for recovery, and certain attestation and procedural provisions are omitted or updated. en-us Tue, 01 Mar 2016 00:00:00 +0530 Thu, 03 Mar 2016 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118857 The amendments revise commencement dates and clarify that an assessee is liable to pay interest on amounts under provisional assessment not paid by the due date, with interest running from the day after the due date until actual payment; an illustrative example demonstrates interest calculation for staggered payments and final assessment. Eligibility thresholds for small manufacturer concessions under rule 8 are redefined for specified jewellery and other manufacturers. Terminology is changed to "Annual Return," provisions extended to export-oriented units, revised-return windows are prescribed and treated as the "relevant date" for recovery, and certain attestation and procedural provisions are omitted or updated. Notifications Central Excise Tue, 01 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118857