What is DTA Advance Duty Deposit?
Certain SEZ units submit large volumes of DTA sale transactions on a daily basis.
Instead of paying duty after assessment of each & every transaction through
separate challans, these units follow
a practice of paying duty in advance to Customs & keep subtracting the duty
payable on each and every transaction
from the advance duty paid amount till the entire amount is utilized.
Once the entire amount is utilized, they again pay duty in advance.
Challan details for Advance Duty Deposit are captured and displayed under the Challan Details section.
The field level description for Challan details section is as follows:
|
Field Name |
Description |
Remarks |
|
Challan No. |
S. No. mentioned on the Challan |
|
|
Challan Date |
Date mentioned on the Challan |
|
|
Challan Value |
Amount for which the Challan is issued |
|
|
Bank Name |
Name of the Bank which issued the Challan |
|
|
Branch Name/Address |
Branch and Address of the Bank which issued the Challan |
|
|
Mode of Payment |
Mode in which payment is done to the bank |
|
|
Instrument Number |
Instrument (Cheque or DD) number by which the payment is made to the bank |
Applicable only if the Mode of Payment is Cheque or DD |
|
Instrument Date |
Instrument (Cheque or DD) date is the date on which instrument was drawn. |
Applicable only if the Mode of Payment is Cheque or DD |
|
Instrument Bank Name |
Name of the bank which issued the Cheque or DD |
Applicable only if the Mode of Payment is Cheque or DD |
|
Alert me when advance duty balance is below Rs. |
Alerts the user when the advance duty balance is reaches this amount |
|