Late fine in case of nil excise dealer return


26 November 2012 I would like to know if any excise dealer get registered on june,2012, submit both the return for april to june,2012 qtr and july to sept,2012 qtr lately on 01/11/2012.These two returns are Nil return. Please inform whether any late fine is charged for these delayed returns and what is the amount for the late fee?

26 November 2012 Penalty is Rs.5000, This can be waived. Order should be passed in this regard by department i,e this is not automatic.


26 November 2012 Thanks for the answer. Rs. 5000 charged per quarter?


26 November 2012 Please explain in details -
For April to June Nil return what will be the amount of late fine and for july to sept Nil return what will be the late fine amount. Please be noted that in both the cases nil return were submitted on 1st Nov.



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