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Pre-deposit payment at Tribunal Appeal

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..... Pre-deposit payment at Tribunal Appeal
Query (Issue) Started By: - SANDESH SHINDE Dated:- 20-9-2014 Last Reply Date:- 24-9-2014 Central Excise
Got 4 Replies
Central Excise
Dear Sir, Please clarify if we had paid pre-deposit of 7.5% at Commissioner (Appeals) then is it require to pay full 10% of duty demanded as pre-deposit at Tribunal (Appeals) against Commissioner order (App .....

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..... eals) or 2.5% is sufficient.Please explain ,thanks and regards. Reply By Pradeep Khatri: The Reply: Dear Sandesh, Please check the following link for clarification. http://www.taxmanagementindia.com/visitor/detail_article.asp?ArticleID=5835 Regards YAGAY and SUN (Management and Indirect Tax Consultants) Reply By Sachin Sharma: The Reply: If appeal is filed before commissioner appeal t .....

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..... hen 7.5% pre-deposit would would be mandatory. subsequently if appeal is in favor of assessee then assessee would get refund for the same and if its against than assessee would be left with the option of filing of appeal in tribunal, in such case assessee would be required to pay 10% including all payments made in this regard not even appeal but also payment made during audit or investigat .....

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..... ion. Only short amount which is less than 10 % portion would be payable. (10% - 7.5% =2.5%). Reply By Naveed S: The Reply: Yes, in your case only 2.5 % is required to be paid, as 7.5 % already deposited with Commissioner (Appeals), as explained above. Reply By Ravi Kumar Somani: The Reply: Please find attached link to the recent clarification issued by the department i .....

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..... n this regard. http://cbec.gov.in/excise/cx-circulars/cx-circ14/984-2014cx.htm
Discussion Forum - Knowledge Sharing .....

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