06 June 2015
i have filed the excise return for the m/o april--2015 on dtd 06-06-2015 . the due date of filing is 10th may 2015. i am late about 27 days.my question is
1 what is penalty amount:- 2 is it paid after filing the return or before:- 3 if i paid on line payment what is the accounting code for payment
07 June 2015
The maximum penalty can be imposed of Rs. 5000/- but now no need to pay. If these delay has come to the knowledge of the department then you pay these penalty. The accounting code for penalty will fall under other heading i.e. 0087.