Cir. No.528/24/2000-CX, dt. 03/05/2000
- Document type
- Circular
- Reference no.
- G
- Dated
Monthly Payment of Excise Duty by SSI
I am directed to say that rule 173GG of the Central Excise rules, 1944, which provided for a special procedure for monthly payment of duty by manufacturers availing of the exemption under a notification based on value of clearances in a financial year (Small Scale Industries), has been omitted with effect from 1st April, 2000. The modified provision relating to monthly payment of duty by the Small Scale Industries has now been incorporated in rule 173G. It has, therefore, been decided to withdraw the Circular No. 458/24/99-CX dated 27th May, 1999, (which was based on the erstwhile rule 173GG)with effect from 1st April, 2000.
2. The trade interests and field formations may suitable be informed.
3. Receipt of this circular may please be acknowledged.
Sd/-
(P.K. Sinha)
Under Secretary (CX.6)