New Format of Return for Clean Energy Cess
THE Central Government has notified a new format of return to be filed by assessees who are liable to pay clean energy cess. Further it is also clarified that the return will have to be filed not later than 10th day of the second month, following the month in which removals were made. For e.g. the return for the month of July 2010 shall be filed by September 10, 2010.
In fact the relevant rule (Rule 11) prior to this amendment also mentions the same. But probably due to some confusion owing to the choice of the words and phrases used therein, the Government thought it fit to amend the rule and also insert an illustration to clarify this aspect.
NOTIFICATION NO. -Clean Energy Cess, Dated: September 8, 2010