banner_ad

Excise duty time of payment

452 views 2 replies

Hi. I wanted to know if excise duty has to be paid on the removal of goods from factory,i.e Goods cannot be removed untill excise duty has been paid.--as per Rule 4. Then why there is a due date for payment of excise duty? i.e 6th of the month following the relevant month,

Thanks

Cpprasad

Replies (2)
It may always practically be not possible for factorymen to keep paying excise at each and every time they remove goods from factory hence a relief is provided by govt. to pay excise on all goods removed in a month on 6th of next month.

To ease the excise duty payment by the asseessee, govt has given this option. So that esseessee can save there time and utilise in other work.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
25 April 2026
Tax Executive/Manager

BDMV & Co, Chartered Accountants

Mumbai

CA Final

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
26 April 2026
Chartered Accountant

Source HR

Mumbai

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
27 April 2026
Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details
Company
ARTICLESHIP 27 April 2026
CA Articled Assistant

GM Corporate Solutions

Noida

CA Final

View Details