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

[DAVINDER SINGH]

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 ₹ 5,000/- to be imposed for every month of delay?

Posts / Replies

[KASTURI SETHI]

Rs.5000/- is maximum penalty for every offence and not every day.

[Himansu Sekhar]

For delay of each month

[KASTURI SETHI]

Late fee for late filing of ER-1 is ₹ 100/- per day and maximum ₹ 20000/- under Rule 12(6) of Central Excise Rules, 2002.

[KASTURI SETHI]

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 2017 read Rule 30.