Excise Act
- The person who produces Excise attractive goods shall assess and recover excise duty which is called self-assessment.
Assessment by Excise officer -
- Returns not filed
- Incomplete or erroneous return
- Undervalued the excise duty payable
- Under invoiced the Selling price and redetermination is needed
- Evasion of excise duty
- Not obtained license
- Not obtained license but recovered excise duty
- Output recovery is prescribed but not met
- for liquor - The difference in liquor produced from the material sent for processing is more than 1%.
The Excise officer shall issue preliminary assessment order as Show-Cause Notice. Upon examination, the officer may issue final order. Notice shall be duly served. No Time limit is prescribed.
Published By
Chartered Nepal
Share
Comments