Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Penalty for Late filing of ER-1 or ER-6 Returns.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The Penalty for Late filing of ER-1 or ER-6 Returns. under Rule 27 of Central Excise Rules, 2002 or Rule 15A of Cenvat Credit Rules, 2004 id ₹ 5,000/- . Is the penalty of ₹ 5,0 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 00/- to be imposed for every month of delay? - Reply By KASTURI SETHI - The Reply = Rs.5000/- is maximum penalty for every offence and not every day. - Reply By Himansu Sekhar - The Reply = For d .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... elay of each month - Reply By KASTURI SETHI - The Reply = Late fee for late filing of ER-1 is ₹ 100/- per day and maximum ₹ 20000/- under Rule 12(6) of Central Excise Rules, 2002 . .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Reply By KASTURI SETHI - The Reply = Under Central Excise Rules late fee and penalty both are separate and impossible separately under Rule 12 (6) and Rule 27 . Under Central Excise Rules 201 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 7 read Rule 30. - Penalty for Late filing of ER-1 or ER-6 Returns. - Query Started By: - DAVINDER SINGH Dated:- 31-8-2017 Central Excise - Got 4 Replies - Central Excise - Discussion Forum - Kn .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... owledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates