Non e payment of central excise duty
This query is : Resolved
Bharat Limbadia
(Querist)
23 July 2012
Assesses is a manufacturing Unit and paid duty exceeding Rs.10 lakhs by utilization of CENVAT credit and by Current account during preceding year, accordingly it is mandatory to pay the duty electronically through e-banking. However the assessee has failed to fulfill his duty liability to pay through current account by internet banking. Party has paid total duty by manual challan during prescribed time limit.
in this case how much penalty is applicable under central excise rules ?
If any judgement or order passed in this matter please provide the details
in this case how much penalty is applicable under central excise rules ?
If any judgement or order passed in this matter please provide the details
Arun Kumar Singh
(Expert)
23 July 2012
Upto Rs. 5000/- penalty can be imposed.
Message likes :
1 times
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
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- GST on reimbursement of expenses
- Visiting card purchase
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Whether output tax is taken credit by purchaser
- Equity Share Sale and Purchase
- Additional trade name
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- 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
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
