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Penalty for non filing dealer excise return

KIYOSH (TAX CONSULTANT) (332 Points)

19 October 2011

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

THANKS IN ADVANCE,

KIYOSH

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5 Replies

CA Nitin Karmalkar (Senior Associate) (70 Points)
Replied 21 October 2011

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.

1 Like

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 21 October 2011

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) (22 Points)
Replied 10 September 2012

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

What is the penalty for that.

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 10 September 2012

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)