E-payment of duty:
Every assessee shall electronically pay the duty through internet banking. However, the Assistant/Deputy Commissioner of Central Excise may for reasons to be recorded in writing, allow the assessee to deposit excise duty by any mode other than internet banking.
| Explanation – For the purpose of rule 8, –
(a) Amount of duty payable to be credited to account of the Central Government by specified date The duty liability shall be deemed to have been discharged only if the amount payable is credited to the account of the Central Government by the specified date. (b) Payment of duty by cheque If the assessee deposits the duty by cheque, the date of presentation of the cheque in the bank designated by the Central Board of Excise & Customs for this purpose shall be deemed to be the date on which the duty has been paid subject to the realisation of that cheque. |