We calculat excise duty at the end of month on the value of total invoice and pay excise duty but do not show rate of excise duty and value of excise duty on invoice.
please tell me about penalty for this mistake if any.
Deepak (Deepak) (24 Points)
27 August 2015We calculat excise duty at the end of month on the value of total invoice and pay excise duty but do not show rate of excise duty and value of excise duty on invoice.
please tell me about penalty for this mistake if any.
Arun Kumar Singh
(GST Advocate)
(15188 Points)
Replied 11 September 2015
If you have paid the duty within time limit then penalty cannot be imposed.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"