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Penalty paid.

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 August 2015 Dear Sir,

Please let us know the accounting entry for Penalty paid due to non filing of Excise Return.

Thanks,
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
09 August 2015 The maximum penalty can be imposed of Rs. 5000/- per return. You should pay these return after demanded by excise department under the accounting head of 0087.

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