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Federal Excise Act, 2005
Short Paid Amounts Recoverable Without Notice
 
SECTION : 14(A)
 
Comments :

The bill proposes that where a registered person pays duty less than the amount disclosed in his return, the balance of duty along with default charge shall be recovered by stopping removal of goods from his business premises and through attachment of his business bank account.  The penalty would not be imposed unless and until the defaulter will be served with a show-cause notice.  The action taken under this section would be without prejudice to any other action under the Act.

 
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Definitions 1
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Definitions 2
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Definitions 3
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Definitions 4
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Duties Specified in the First Schedule to be Levied
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Filing of Return and Payment of Duty etc.
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Application of the Provisions of the Sales Tax Act, 1990
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Applicable Value and Rate of Duty
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Short Paid Amounts Recoverable Without Notice
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Records
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Appeals to Collector (Appeals)
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Alternative Dispute Resolution
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Federal Board of Revenue
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Highlights of Changes
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