Excise Duty Act
Excise duty becomes due and shall be paid by the manufacturer to the Commissioner before the goods are delivered from the manufacturer’s factory or from a warehouse, if they are goods permitted by the Commissioner to be warehoused without payment of duties on the goods, or before the goods are used by the manufacturer in the factory or in a warehouse for any purpose, or otherwise as specially provided by law. The Commissioner may defer the payment of duty on the terms as the Commissioner may allow, if the manufacturer gives the security by bond or otherwise as the Commissioner may require:
Where payment of duty is deferred under subsection (2), in that case the duties which have become due within a month or any other period that may be prescribed shall be paid to the Commissioner within twenty-one days of the last day of the month or other prescribed period.