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Closure of Banks on 31.3.2002 and collection of Central Excise duty – reg.

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Full Text of the Document

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....he Financial year 2002-2002. Furthermore, the last day of this month/Financial Year i.e. 31.3.2002 happens to fall on a Sunday, on which day the Banks are normally closed. The field formations have reported that on account of this it is likely that the duty due this Financial Year may not get collected on time. 2. The matter has been examined by the Board. In terms of rule 8 of the Central Excise....