New Levy of CLEAN ENERGY CESS by Sec83 of FA2010
*Its an ED levied on Production of COAL,LIGNITE &PEAT mentioned in 10th Sch
*Levy on GROSS QTY OF COAL RAISED (not washed coal)@ Rs.50per ton
*No EC & SHEC on such cess
*Invoice-not specifically reqd. Qty, name of consignee is sufficient
*Rule3(4)of CCR2004 -To be paid in cash (CCR cannot b utilised for pymnt)
*Rule3(4)of CCR2004 -Buyer cannot avail credit
*Registration-reqd Mines wise
*Payment-ALTERNATE MONTHS by 5th/6th
*Return-ALTERNATE MONTHS by 10th
*Assessment-Self Assessmnt
*General Penalty Rs.10000
*Exemption-Coal produced in Meghalaya
*In case of import of coal in raw form, CVD in lieu of excise will levied @Rs.50per ton
*Its an ED levied on Production of COAL,LIGNITE &PEAT mentioned in 10th Sch
*Levy on GROSS QTY OF COAL RAISED (not washed coal)@ Rs.50per ton
*No EC & SHEC on such cess
*Invoice-not specifically reqd. Qty, name of consignee is sufficient
*Rule3(4)of CCR2004 -To be paid in cash (CCR cannot b utilised for pymnt)
*Rule3(4)of CCR2004 -Buyer cannot avail credit
*Registration-reqd Mines wise
*Payment-ALTERNATE MONTHS by 5th/6th
*Return-ALTERNATE MONTHS by 10th
*Assessment-Self Assessmnt
*General Penalty Rs.10000
*Exemption-Coal produced in Meghalaya
*In case of import of coal in raw form, CVD in lieu of excise will levied @Rs.50per ton
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