Regarding custom return of details of goods imported
This query is : Resolved
06 August 2015
We are importing goods at concessional rate of duty and we are filling custom return of goods imported at concessional rate of duty with superintendent of Custom & Central Excise in Range timely. But as per rule 7(c) we have to file this return with AC or DC of Custom & Central Excise in Division.
Now Division is demanding penalty for this procedure lapse assuming that we are not filling return. Is there any liability for penalty? If yes, then Can we save it? If yes, then how we can save penalty.
Now Division is demanding penalty for this procedure lapse assuming that we are not filling return. Is there any liability for penalty? If yes, then Can we save it? If yes, then how we can save penalty.
15 September 2015
You need to pay penalty.
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
