NON FILING ER-1

[Vivekanand Chaturvedi]

Dear Sir,

Please suggest can i have filed ER-1 for the month of November after 10th of succeeding month . Please advise as earlier

[Rajagopalan Ranganathan]

Sir,

As per rule 12 (6) of Central Excise Rules, 2002 where any return or Annual Financial Information Statement or Annual Installed Capacity Statement referred to in this rule is submitted by the assessee after due date 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 twenty thousand rupees for the period of delay in submission of each such return or statement.

In view of the above rule, you can filed your E.R. 1 return for the month of November after 10th of the succeeding month provided you pay ₹ 100/- per day of delay.

[DR.MARIAPPAN GOVINDARAJAN]

Rule 12(6) has been inserted vide Notification No. 08/2015, dated 28.02.2015 which came into effect from 01.03.2015.

AI Summary

Filing ER-1 Return Late? Rule 12(6) Imposes 100 Daily Penalty, Capped at 20,000, Effective March 2015. A user inquired about filing an ER-1 return for November after the 10th of the following month. An expert responded that, according to Rule 12(6) of the Central Excise Rules, 2002, late submissions incur a penalty of 100 per day, up to a maximum of 20,000. Another expert added that this rule was implemented through Notification No. 08/2015, effective from March 1, 2015.