eletronically payment of excise duty
This query is : Resolved
04 June 2010
please tell me,
we neither paid excise duty exceeding Rs. 50 lac. in previous year nor in current year.
is it mendatory to pay excise duty of Rs 20 lac for the month eletronically
thanks & regards
ujagar
we neither paid excise duty exceeding Rs. 50 lac. in previous year nor in current year.
is it mendatory to pay excise duty of Rs 20 lac for the month eletronically
thanks & regards
ujagar
04 June 2010
Yes, you have to pay excise duty electronically
04 June 2010
Online payment of excise duty and service tax is mandatory w.e.f. 1-4-2010, if the tax/duty paid in previous year (by cash or through Cenvat credit) was more than Rs 10 lakhs.
05 June 2010
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