Interest on short excise duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 April 2012
Dear all,
INTEREST OF SHORT PAYMENT OF EXCISE DUTY IS 18% IT'S MONTLY/YEARLY ????
Uday
INTEREST OF SHORT PAYMENT OF EXCISE DUTY IS 18% IT'S MONTLY/YEARLY ????
Uday
12 April 2012
interest will be applicable 18% per annum, if assesse fails the amount the duty or short payment in prescribed time period outstanding payment will be given @18%per annum for the period started first day after due date till the date of actual payment of actual payment of the OUTSTANDING AMOUNT.
regards,
regards,
12 April 2012
Agree with expert.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Regarding Applicability of Tax Audit u/s 44AB
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- Withdrawal in cash from partners capital account by partner
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- TDS on TRUST
- Tds on commission charges
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
