Penalty for late filing
This query is : Resolved
21 July 2012
Dear Experts..
I just want to know the penalty proceedings incase of late filing of ER1 return for a company which is having a huge cenvat credit in his account. So kindly provide me Penalty interms of amount and consequences.
Thanking You
I just want to know the penalty proceedings incase of late filing of ER1 return for a company which is having a huge cenvat credit in his account. So kindly provide me Penalty interms of amount and consequences.
Thanking You
24 July 2012
Penalty will be paid only from PLA account.
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
- Purchase of property from NRI
- GST APPLICABILITY TO DIAGNOSTIC
- Seeing a huge entry in AIS Purchase of time deposits (SFT-005), what it is for
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- How to pay tds on mhada property
- CBDT RESOLUTION NO & DATE
- Trust case
- ITC claim on vehicle parts and repairing
- GST Rate on Bakery Items registered under composition scheme
- Value of Perquisite Sec.10 (10CC)
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
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
