18 September 2015
how to calculate penalty u/r 12(6) of CER 2002 for non filing of return ( I mean non filing of return not delayed filing of return)is there other penalty?
19 September 2015
You need to file annual financial information statement under rule 12(6) of the central excise rules 2002. The maximum penalty can be imposed of Rs. 20,000/- per return.