Ans:
When you remove goods or items, that is the right time for paying the excise duty. Central Excise (Amendment) Rules, Rule no. 8, 2002, explains the right time for paying the excise duty. The fifth day of the month from the date when you remove the items or goods from the warehouse or industry for selling is considered the right time for paying the excise duty. There is a relaxation of one day for paying the excise duty through net banking.