Basic concepts confusion
This query is : Resolved
Saurabh Maheshwari
(Querist)
04 February 2012
Dear Experts,Pls explain me in short about the manner of payment of excise duty (confusion that wheather duty is payable on every clearance,what is payt by PLA and why to pay monthly when payment on every clearance is compulsory)? Pls clarify these doubts.Thanks in Advance.
CA. Hari Kishan
(Expert)
05 February 2012
Excise duty is always payable on removal of goods from factory . Only as a matter of administration the laws requires the payment of excise duty on a monthly basis to them.
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