TaxTMI 
TaxTMI 
Manner of payment
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....based on the value of clearances in a financial year , the duty on goods cleared during a quarter of the financial year shall be paid by the 6th day of the month following that quarter, if the duty is paid electronically through internet banking and in any other case, by the 5th day of the month following that quarter, except in case of goods removed during the last quarter, starting from the 1st day of January and ending on the 31st day of March, for which the duty shall be paid by the 31st day of March. ^16[Explanation-1. - For the removal of doubts, it is hereby clarified that,- ^17[(a) *** ] (b) an assessee, ^18[*....
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....) Every assessee shall electronically pay duty through internet banking : Provided that the Assistant Commissioner or the Deputy Commissioner of Central Excise , for reasons to be recorded in writing , allow an assessee payment of duty by any mode other than internet banking .] (2) The duty of excise shall be deemed to have been paid for the purposes of these rules on the excisable goods removed in the manner provided under sub-rule (1) and the credit of such duty allowed, as provided by or under any rule. (3) If the assessee fails to pay the amount of duty by the due date, he shall be liable to pay the outstanding amount along with an interest at the rate of specifie....
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....-6-2006, before substitution sub rule 3A was: - " (3A) If the assessee defaults in payment of duty by the date prescribed in sub-rule (2) and the same is discharged beyond a period of thirty days from the said date, then the assessee shall forfeit the facility to pay the duty in monthly instalments under sub-rule (1) for a period of two months, starting from the date of communication of the order passed by the Assistant Commissioner of Central Excise or the Deputy Commissioner of Central Excise, as the case may be, in this regard or till such date on which all dues including interest thereof are paid, whichever is later, and during this period notwithstanding anything contained in sub-rule (4) of rule ....
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....otification no. 5/2010 CE(NT) dated 27-2-2010 with effect from 1-4-2010, before it was read as, " Provided further that where an assessee is availing of the exemption under a notification based on the value of clearances in a financial year, the duty on goods cleared during a calendar month shall be paid by the ^5[16^th day of the following month, if the duty is paid electronically through internet banking and by the 15^th day of the following month, in any other case] except in case of goods removed during the month of March for which the duty shall be paid by the 31st day of March." 8 Substituted vide notification no. 8/2012 CE(NT) dated 17-3-2012, before it was read as, "Section 11AB" 9. Substituted vide Notificatio....
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....vide Not. 08/2015 - Dated 28-2-2015, w.e.f. 1st day of March, 2015, before it was read as, "and the interest under sub-rule (3)" 14. Substituted vide Not. 25/2015 - Dated 9-12-2015, before it was read as, "(1A) Notwithstanding anything contained in sub-rule (1), the duty on the goods removed from the factory or the warehouse, in the State of Gujarat, during the second fortnight of February, 2002 and the month of March, 2002 shall be paid by the 31st March, 2002 : Provided that where an assessee in the State of Gujarat is availing of the exemption under a notification based on the value of clearances in a financial year, the duty on goods cleared during the month of February, 200....