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EASYOFFICE

Interest on delayed payment of excise duty

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2012 duty payable for march'2011-98 lacs
duty paid on 11th April 2011- 98 lacs
interest not paid upto 30th June'2012
interest payable = ?
penalty (if any) = ?
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
29 July 2012 before SCN you have to paid the interest then no penalty will be imposed.

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