27 August 2015
Interest will not be applicable for non-filing of return. The maximum penalty can be imposed of Rs. 5000/- per return. These returns are not required for all tariff heading products. You should consult with any professional.
28 August 2015
As per the 9A (3) of the Cenvat Credit Rules, this return should be filed by the assessee who is required to file ER-5 return. This return is a monthly return in which details of information regarding the receipt and consumption of each principal inputs with reference to quantity of final products manufactured by him.
Return Can be filed 10th of following Month, Penalty will imposed monthly basis as per rs. 5000.00