Default in payment of excise duty: Meaning and consequences

Prabhat Kumar | Last updated: 08 November 2014

Save Share

In law most of the things are prescribed in the statute and everybody is expected to follow the rules in the prescribed manner. In Central Excise duty has to be paid at the time of removal of the goods from the factory premises and if the same is not done it entails consequences. The Central excise

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Community
Daily E-Newsletter
Unlimited Articles Access
Profile Visitors
Link Social Profiles
Featured Job Posts
Pro Badge
Expert GST Guidance
Unlimited Forum Replies
Download Content in PDF

BEST VALUE

2 YEAR PLAN

3,499

(Excl. of GST ₹629)

1 YEAR PLAN

1,999

(Excl. of GST ₹359)

3 MONTHS PLAN

999

(Excl of GST ₹179)

View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

74615 Views 3 Likes Comment Share Excise Report

About the Author

Prabhat Kumar

Advocate & Consultant

Advocate: Central Excise, Service Tax Commercial Laws. I am a lawyer with a niche in commercial litigation. I am a partner with a law firm based at New Delhi. The core areas of practice are GST, arbitration, consumer disputes and litigation related to company law including bankruptcy and insolvency code. I am in th ... Read more

View Articles

Comments :