who is liable to pay excise duty on monthly basis?or what is
slab for excise duty liable to pay for monthly,quarterly ro
half yearly?
Answer / induja.l
The excise manufacturer (register under excise) is liable to
pay the excise duty, on monthly basis.
Slab of excise duty is, 12% excise duty, 2% education cess,
1% secondary education cess.
ER-1 (regular) assessee has to liable to pay excise duty on
monthly basis.
ER- 3 (SSI) Assessee has to liable to pay excise duty on
Quarterly basis.
| Is This Answer Correct ? | 5 Yes | 0 No |
can anybody tell me what is the last date of Service tax payment (Quarterly/Monthly) in Company or other then company (individual/propritorship/partnership) & what is the last date of half year return.
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
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