Interest on delayed payment of excise duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2012
duty payable for march'2011-98 lacs
duty paid on 11th April 2011- 98 lacs
interest not paid upto 30th June'2012
interest payable = ?
penalty (if any) = ?
duty paid on 11th April 2011- 98 lacs
interest not paid upto 30th June'2012
interest payable = ?
penalty (if any) = ?
29 July 2012
before SCN you have to paid the interest then no penalty will be imposed.
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