matter of excise
This query is : Resolved
Guest
Guest
(Querist)
30 October 2010
respected to all of expert,
plz tell me what will panelty to late deposit quartely return of excise. it is not more than 2000 or 10000
plz sir reply so soon
regards
raju
plz tell me what will panelty to late deposit quartely return of excise. it is not more than 2000 or 10000
plz sir reply so soon
regards
raju
RAMESH KUMAR VERMA
(Expert)
01 November 2010
AS PER SECTION 70(1) wef 11.05.2007 MAKE PROVISION FOR LATE FILING RETURN WHICH CAN BE UP TO RS. 2000.00 .
LATE FEE PAYMENT AS FOLLOWS:-
UP TO 15 DAYS -------- RS. 500.00
BEYOND 15 DAYS --UP TO 30 DAYS --- RS. 1000.00
DELAYS BEYOND 30 DAYS -RS. 1000+RS.100PER DAY OF DELAY BEYOND 30 DAYS TO 31 DAYS
MAXIMUM ---------- RS. 2000.00 AS PER RULES 7(C) OF SERVICE TAX RULES, 1994.
LATE FEE PAYMENT AS FOLLOWS:-
UP TO 15 DAYS -------- RS. 500.00
BEYOND 15 DAYS --UP TO 30 DAYS --- RS. 1000.00
DELAYS BEYOND 30 DAYS -RS. 1000+RS.100PER DAY OF DELAY BEYOND 30 DAYS TO 31 DAYS
MAXIMUM ---------- RS. 2000.00 AS PER RULES 7(C) OF SERVICE TAX RULES, 1994.
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
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- 18% Rent a cab
- Rectification under processing even after 6 months cpc portal
- Appointment of Auditor By Form ADT-1
- TDS Return Statement Status
- Closer of business and itc of capital goods
- ARCA LOGIN
- Import of Capital Machine
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
