I am CWA student., one query
If Excise return is not filed on time., and duty is not paid on time what will be the cause and interest payable.
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Excise - query
Replies (7)
The Assessee shall be liable to pay Interest @ 18% p.a on the Outstanding Excise Duty for the period from the end of the due date till the date of payment. The Excise Department may also levy penalty for non-filing of Excise Return. Also, the Invoices issued after the the due date of non filing of Excise return will be invalid for Cenvat purpose.
Regards,
Devendra Kulkarni
We can use 4% SAD in 2%+ 1% Edu Cess & S.H.E.Cess,
From
Vikram Singh Chouhan
Daman (UT)
We can use 4% SAD in 2%+ 1% Edu Cess & S.H.E.Cess,
From
Vikram Singh Chouhan
Daman (UT)
what is penalty for ER-1, 4, 5, 6 & 7 in case after due date ?
what is penalty for ER-1, 4, 5, 6 & 7 in case after due date ?
what is penalty for ER-1, 4, 5, 6 & 7 in case after due date ?
what is penalty for ER-1, 4, 5, 6 & 7 in case after due date ?
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