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
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.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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