To clear consignment for export purpose with payment of excise duty
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....o clear consignment for export purpose with payment of excise duty<br> Query (Issue) Started By: - SURYAKANT MITHBAVKAR Dated:- 6-8-2011 Last Reply Date:- 6-8-2011 Central Excise<br>Got 1 Reply<br>Ce....
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....ntral Excise<br>we are manufacture of Pharmaceuticals machinery . one of our customer who is going to export our machinery require to clear our with payment of excise duty instead of CT-1 . In this ....
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....regard whether we have to pay that duty before the clear the material from our unit or we can pay end of the month i.e. before 5th of succeding month alongwith other local consigment. pl advice. Re....
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....ply By ROHAN THAKKAR: The Reply: Dear Sir, Generally the duty is to be paid at the time of removal [Rule 4 of Central Excise Rules]. However, Rule 4 states that the duty is to be paid in the manner ....
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....stated in Rule 8. The duty on the goods removed from the factory or the warehouse during a month shall be paid by the the 6th day of the following month, if the duty is paid electronically through in....
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....ternet banking and by the 5th day of the following month, in any other case. [Rule 8 of Central Excise Rules, 2002] Thus, duty is to be paid on 5th / 6th of the following month irrespective of the fa....
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....ct whether the goods are meant for export (in case it is duty paid export) or of a local clearance)<br> Discussion Forum - Knowledge Sharing ....
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