Mandatory E-payment of Central Excise for major assessees.

Office of the Commissioner of Customs and Central Excise, Panaji-Goa.
Trade Notice no.3/2007 – Central Excise
Date : 14/03/2007

Sub: Mandatory E-payment of Central Excise for major assessees.

Trade is hereby informed that in pursuance of the amendment to Rule 8 of the Central Excise Rules, 2002, in the Finance Bill / Union Budget 2007-08, the e-payment of Central Excise duty has been made mandatory w.e.f. 01.04.2007, for all assessees who have paid Central Excise duty of Rs. 50 lakhs and more in cash or through PLA during the preceeding Financial Year (2006-07).

2. Therefore, it is requested that all the assessees who have paid Central Excise duty of Rs. 50 lakhs and more in cash or through PLA during the preceeding Financial Year (2006-07) should use e-payment facility for payment of Central Excise duty to the government w.e.f. 01.04.2007.

sd/- 14.03.2007

(SHEO NARAYAN SINGH)

COMMISSIONER

Posted in Third Party.