Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Provisional assessment

Rule 7 - Rules - Central Excise - Rule 7 - 7. .- (1) Where the assessee is unable to determine the value of excisable goods or determine the rate of duty applicable thereto, he may request the Assistant Commissioner of Central Excise or the Deputy Co .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

payment of duty on provisional basis at such rate or on such value as may be specified by him. (2) The payment of duty on provisional basis may be allowed, if the assessee executes a bond in the form prescribed by notification by the Board with such .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

assessed and the amount of duty provisionally assessed. (3) The Assistant Commissioner of Central Excise or the Deputy Commissioner of Central Excise, as the case may be, shall pass order for final assessment, as soon as may be, after the relevant i .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y, on sufficient cause being shown and the reasons to be recorded in writing, be extended by the Principal Commissioner of Central Excise or Commissioner of Central Excise, as the case may be for a further period not exceeding six months and by the P .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

but not paid on the due date specified under sub-rule (1) of rule 8 and the first proviso thereto, as the case may be, at the rate specified by the Central Government, vide, notification under section 11AA of the Act, for the period starting with th .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

month of January, 2017, say a provisional duty of ₹ 5000 is paid on the 6th February, 2017 [due date under sub-rule (1) of rule 8], a further duty of ₹ 9000 is paid on the 15th April, 2017, and on the same day the documents for final asse .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

all be payable on ₹ 5000, interest shall be payable on ₹ 9000 from the 7th February, 2017, till the 15th April, 2017, and interest shall be payable on ₹ 1000 from the 7th February, 2017, till the 30th June, 2017, as due date for pay .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version