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Penalty for non filing dealer excise return


KIYOSH (TAX CONSULTANT)     19 October 2011

KIYOSH
TAX CONSULTANT 
 15 likes  332 points

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PLEASE INFORM ME WHAT IS PENALTY FOR NON FILING DEALER QUARTERLY EXCISE RETURN

THANKS IN ADVANCE,

KIYOSH

CA Nitin Karmalkar (Senior Associate)     21 October 2011

CA Nitin Karmalkar
Senior Associate 
 6 likes  70 points

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Dear Kiyosh,

There is no specific penalty under Excise rules for non filling of returns. But a general penalty of Rs. 5000 may be levied for non copliance with excise rules.

 

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avater

U S Sharma (glidor@gmail.com)     21 October 2011

U S Sharma
glidor@gmail.com 
 1739 likes  21021 points

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the invoice issued by the dealer may be cancelled, not hounoured by the department and he will face pressure from customers for reimbursement of excise duty for his non compliance with excise.

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Amit (Executive)     10 September 2012

Amit
Executive 
 22 points

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Presently we are filing manually quarterly return of dealer Excise in place of e-return.

What is the penalty for that.

avater

U S Sharma (glidor@gmail.com)     10 September 2012

U S Sharma
glidor@gmail.com 
 1739 likes  21021 points

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if the return is accepted by R/O with his seal and sign, then no penalty, but right now all dealers have to file the e return ( except in few cases where the dealer is importer)

Amit (Executive)     10 September 2012

Amit
Executive 
 22 points

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Presently we are sending by post


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