Quantification of abatement amount

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....ability for the machine for the month N = Total number of days in the month D = Total number of continuous days the machine was inoperative in the month ILLUSTRATION 1: A REGISTERED PERSON IS ENGAGED IN THE MANUFACTURE OF SPECIFIED GOODS USING A HIGH-SPEED POUCH PACKING MACHINE WITH A PACKING SPEED OF 700 POUCHES OF 2.5 GRAMS PER MINUTE. THE MONTHLY CESS LIABILITY FOR SUCH A MACHINE UNDER....

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..../30) x 19 = Rs. 1,27,93,333 (iii) Adjustment: The amount of Rs. 1,27,93,333 shall be allowed as an abatement by the proper officer in the order issued in say, October. The same shall be adjusted against the cess liability for November by the registered person. ^1[Illustration 2: A registered person is engaged in the manufacture of specified goods using a high-speed pouch packing machine with....

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....id for the month for the machine (C): Rs. 2,02,00,000 (ii) Computation of Abatement Amount for July(A1): A1 = (2,02,00,000/31) x 12 = Rs. 78,19,355 (iii) Particulars of non-operation for August: Total number of days in the month (August) (N): 31 Number of continuous days in the month the machine was inoperative (D): 10 Amount of cess paid for the month for the m....

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....ER SL. NO. 2 OF SCHEDULE II OF THE ACT IS Rs. 2,02,00,000. THE MACHINE IS SEALED ON THE 20TH DAY OF JULY AND IS DESEALED ON THE 11TH DAY OF AUGUST. THE TOTAL PERIOD OF CONTINUOUS NON-OPERATION IS 21 DAYS (EXCEEDING FIFTEEN DAYS). THE APPLICATION FOR CLAIMING ABATEMENT MAY BE FILED BY THE REGISTERED PERSON BY 20TH SEPTEMBER (THE MONTH SUCCEEDING THE MONTH IN WHICH THE MACHINES WERE INOPERATIVE AND ....