Please answer the following questions:
1) If duty + interest + penalty is paid short u/s 11 A (6) of central excise ,then Show cause notice U/s 11 A (1) will be issued by the central excise officer. Now at what rate penalty will be levied in Show cause notice ?
will you please more clarify .....now the scn will be issued for the first time ....in this scn rate of penalty will be 1% or 50 % ....this has been not clarified properly in the book also ...only said that scn will be issued as per sec 11 A (1)
thats what i was asking..... i got it....thanx....
Welcome 
CAclubindia
