Penalty for late filing of dealer excise rerurn

This query is : Resolved 

19 April 2012 Hello sir/Madam,

I have a client dealing in iron and steel and he is registered with excise act. Now, my query is i have uploaded his return (Dealer return)on 18th April 2012 instead of 15th april 2012. So now i want to know whether my client will be liable for any penalty for filing return delay by 3 days and if yes than what would be the penalty?

30 April 2012 He may be penalised. It will be general penalty clause. The penalty amount can be upto Rs.5000/-.



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