Interest & panelty
This query is : Resolved
22 October 2016
SIR
PLEASE LET ME KNOW IF I FAILED TO PAY EXCISE AMOUNT ON TIME OR SUBMIT THE RETURN AFTER DUE DATE WHAT AMOUNT OF PANELTY OR INTEREST WOULD BE CHARGED.
THANKING YOU
MUKESH K SABRI
PLEASE LET ME KNOW IF I FAILED TO PAY EXCISE AMOUNT ON TIME OR SUBMIT THE RETURN AFTER DUE DATE WHAT AMOUNT OF PANELTY OR INTEREST WOULD BE CHARGED.
THANKING YOU
MUKESH K SABRI
30 November 2016
The interest will be applicable on delay payment of excise duty and penalty will be applicable on delay filing of return.
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