INTRODUCTION ON GENERAL PROVISIONS:

The  Central Excise Law has a very detailed procedure for levy and collection of duty from the registered manufacturers. The three types of control on central excise assessee for their assessment and collection of duty from them are :

1. Physical control- Removal of excisable goods is under the control and supervision of the central excise officials. Invoices are countersigned by the Officers and assessment is done by them.At present ,it is applicable to cigerattes.
2. Self Assessment – As per Rule 6 the assessee himself determines the correct classification and valuation of goods and the duty liability on such goods. The goods are removed under cover of invoice signed by the assessee.
3. Compounded Levy Scheme