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Querist : Anonymous

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Querist : Anonymous (Querist)
01 September 2015 Dear Expert,
Please Help
Rs 5000 the Penalty and interest on non filing excise return ER-6,ER-5,ER-4, is this penalty monthly basis or Yearly ? My mean Rs 5000 for each month in case of ER 6 total of one year 5000*12 =Rs 60000 /-
Regards,
Amit

01 September 2015 The only penalty will be imposed on late or non filling of return of Rs. 5000/- per return. Interest will be imposed on late payment of duty only.



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