excise return and payment, Central Excise

[Dipneet Kaur]

When an excise return is to be filed and what is due datesecondly, what is payment due date

Posts / Replies

[Pradeep Khatri]

Dear Dipneet,

Generally, Excise Returns are required to be filed online by the 10th of every month. Excise duty is required to be deposited online by the 8:00 p.m. by 6th of every month.

Regards

Team YAGAY and SUN

(Management and Indirect Tax Consultants)

[Naveed S]

As per Rule 8 of the central excise rules, 2002 the duty on the goods removed from the factory or warehouse shall be paid on the following dates:

1. By the 6^th day of the following for each month (except for the month of March) - for all assesses excluding SSI units who are availing SSI exemption.

2. By the 6^th day of the following month from the end of quarter - for the units availing SSI exemption.

3. By 31^st day of March for the month of March/Quarter ended March - for all assesses including SSI.

[Pradeep Khatri]

For the month of March/quarter ended in March, Service Tax and Excise Duty would be deposited by 31st March itself.