Filing of nil return
This query is : Resolved
16 February 2016
Sir,
Is there any penalty for late filing of Nil excise return? And what are the procedure for filing nil return? Please clarify it.
Is there any penalty for late filing of Nil excise return? And what are the procedure for filing nil return? Please clarify it.
16 February 2016
Rule 12(6) & 17(5)New Sub-RuleThis Rule contain provision relating to various returns. Now Penalty clause is inserted for late filing of Return.Penalty of Rs 100/- per day is payable for after due date till filing of return, subject to Maximum of Rs 20000/-
16 February 2016
Thank you for your reply. Could you Please tell me the above reply is applicable for late filing of nil excise return or not ?
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