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Central Excise - Highlights / Catch Notes

Home Highlights January 2012 Year 2012 This

Change in rate of duty after manufacture but before removal - ...


Duty Rate Change Affects Excise Tax Payment: Pay at Enhanced Rate When Goods Are Removed from Factory.

January 20, 2012

Case Laws     Central Excise     SC

Change in rate of duty after manufacture but before removal - taxable event is the manufacture and the payment of duty is related to the date of removal of such article from the factory. Thus duty will be paid at the enhanced rate in force at the time of removal..... - SC

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