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S N GAWAS (Querist)

11 January 2016 Dear Sir,

1) What is the due date for Excise ER-3 Quaterly return to be file?
2) What is the due date for online excise duty payment for ER-3 Quaterly return of SSI unit?
3) What is the penalty if Excise ER-3 Quaterly return filed after due date ?
4) What is the penalty if we made payment of excise duty after due date?

ANIL JANGID

ANIL JANGID (Expert)

11 January 2016 1.Assessees are required to file quarterly return in ER3 on/before 10th of the following month from the end of the relevant quarter. For example, if the return pertains to I Qtr (Apr-Jun), the due date for filing ER3 would be 10th July.
2.Due date for payment of duty is 5th of the following month from the end of relevant quarter (6th in case of e-payment) for clearances during Apr-Feb, and 31st March for clearances during Mar.
3.Rs.100 per day maximum Rs.20000
4.18 % intrest if lat payment,in case not deposit excise duty after 1 month plenty 1% of total duty.

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