Penalty for non filing dealer excise return

2593 views 5 replies

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

THANKS IN ADVANCE,

KIYOSH

Replies (5)

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.

 

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.

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

What is the penalty for that.

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)

Presently we are sending by post


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register