TaxTMI 
TaxTMI 
Dear Sir,
We Submitted ST-3 Delay Excise Department given Show Cause notice to us we are ready to pay penalty i need help Accounting Code for paying Penalty Which Accounting Code applicable for paying penalty
Delay ST-3 Penalty Paybale
11 Jan 2014 
2 Replies 
12919 Views Asked by
Penalty for late filing may require adjudication and can be contested rather than paid immediately.
There is no single universal penalty accounting code for late filing of the ST 3; penalty codes apply by major service and taxpayers should consult their range officer before remittance. Alternatively, after issuance of a show cause notice a penalty requires an adjudication order and can be contested on bona fides-late fee may be automatic but penalty can be reduced or waived, so replying to the notice rather than paying immediately is advised. (AI Summary)
There is no single universal penalty accounting code for late filing of the ST 3; penalty codes apply by major service and taxpayers should consult their range officer before remittance. Alternatively, after issuance of a show cause notice a penalty requires an adjudication order and can be contested on bona fides-late fee may be automatic but penalty can be reduced or waived, so replying to the notice rather than paying immediately is advised. (AI Summary)