Section 117: Payment of excise duty on manufactured tobacco

(1)
Subject to subsections (2) and (3) of this section, the excise duty chargeable on manufactured tobacco shall become due and payable by the tobacco manufacturer on delivery of such tobacco from the factory.
(2)
The Board may allow payment of the duty to be deferred upon such terms as it sees fit:
Provided that the date of payment shall not be later than the 21st day of the month next following that in which the duty became due.
(3)
The Board may, subject to such conditions as it sees fit to impose, allow manufactured tobacco to be delivered from a tobacco manufacturer's factory for exportation or loading as stores in accordance with the customs laws without payment of the excise duty chargeable thereon.