TMI BlogDue date for payment for those availing 1/2011 CEX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether an assessee is availing the benefit of Exemption Notification No 1/2011 CE Dated 1/3/2011 and is manufacturing only those goods which are specified in the said notification and is filling E ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... R-8 Return can pay duty on quarterly basis or not - Reply By CA. Surender Gupta - The Reply = I have tried to find any notification or rules i.e. Rule 8 of Central Excise Rules, 2002 for prov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iding any concession for making quarterly payment instead of monthly payment. But could not. Therefore, unit availing notification no. 1/2011 CE is not entitled for quarterly payment of duty of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... excise. However, there is one exception to this submission that, if the unit is eligible for availing SSI exemption i.e. its turnover is not exceeding 4 crores, during the previous year, it can opt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for making payment on quarterly basis. - Rule 8 as amended is self explanatory. - Due date for payment for those availing 1/2011 CE - Query Started By: - Harish Lath Dated:- 1-3-2014 Central Exc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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