Rule 21 of cer 2002

This query is : Resolved

Prince (Querist)
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30 September 2015 why remission of duty on finished goods when it is payable on remaoval. if goods are not removed then excise duty is not payable at all then why rule 21?

RahulMehta

RahulMehta (Expert)
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30 September 2015 because excise duty has levied on the goods once they have manufactured. only payment we have to make on removal but charge has come on manufacture of goods.

We require remission u/s 21 so that that levy is also cancelled, else we may have to face show cause notice/penalty for "levied but not paid" i think in section 11