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TMI BlogPenalty or late fee for delay filing Central excise returnX X X X Extracts X X X X X X X X Extracts X X X X ..... Penalty or late fee for delay filing Central excise return X X X X Extracts X X X X X X X X Extracts X X X X ..... br>Is any late fee or penalty exit now for delay filing of central excise return? If any circular or notification is available please assist. Reply By Shilpi Jain: The Reply: Is the excise return b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eing filed now? Reply By Shilpi Jain: The Reply: Return being filed is for which period and what is the quantum of delay i.e. number of days. Reply By KASTURI SETHI: The Reply: Read saving Section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 174 ---Repeal and Saving for this purpose. Answer to your query is inherent therein. Elaborate your query with full facts and circumstances for fool proof and clear-cut reply. Reply By KASTURI SETHI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... : The Reply: Rule 12 (6) of Central Excise Rules, 2002 "[(6) Where any return [ * * * * ] referred to in this rule is submitted by the assessee after due d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate as specified for every return or statements, the assessee shall pay to the credit of the Central Government, an amount calculated at the rate of one hundred rupees per day subject to a maximum of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... twenty thousand rupees for the period of delay in submission of each such return or statement.]"
Read with saving Section 174 of CGST Act. X X X X Extracts X X X X X X X X Extracts X X X X
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