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TMI BlogPayment of excise duty for marchX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, I would like to know what will be the after effects if due to acute financial problem we are not able to pay excise duty by the end of last day of march ? - Reply By Ganeshan Kalyani ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Sir, you will have to pay with interest the service tax liability if paid after 31st March. Thanks. - Reply By KASTURI SETHI - The Reply = Sh.Ashok Amin Ji, Concurred with Sh.Ga ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... neshan Kalyani, Sir. Pl. also go through Rule 8 (3A) of CE Rules, 2002 which is extracted below:- [(3A) If the assessee fails to pay the duty declared as payable by him in the return within ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a period of one month from the due date, then the assessee is liable to pay the penalty at the rate of one per cent. o n such amount of the duty not paid, for each month or part thereof calculated fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... om the due date, for the period during which such failure continues. - Reply By DEEPAK SHARMA - The Reply = The view of the Sh. Kasturi Sethi is fully correct - Reply By KASTURI SETHI - The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply = Thanks Sh.Deepak Sharma, Ji. - Reply By ASHOK AMIN - The Reply = Thanks to all the experts for the reply. - Payment of excise duty for march - Query Started By: - ASHOK AMIN Dated:- 30-3-20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 16 Central Excise - Got 5 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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