A private limited company being dealer of certain excisable goods failed to file Quarterly Dealer Return by 15th Of July for April-June 2013 Quarter. It filed the return on 25th July instead.
Non-submission of return on or before due date is violation of central excise rules. Hence, penalty upto Rs. 10,000/- can be imporsed under rule 27 of central excise rules.
Arun Sir, But how will I know how much to pay and what is procedure to pay penalty?
Do I need to contact my Jurisdictional officer of Excise?
If department will demand the penalty, then you need to pay otherwise no need to pay.
but here show upto 10000.00 ok. than its cleared max. 10000.00 then how much minimum ?
What about manufacturing unit yet to start commercial production?
I want to know that how much is the maximum amount of penalty that can be impose for non filing of excise return for manufacturer as well as for the dealer??
CAclubindia
