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 ₹ 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 ₹ 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.