Return without depositing Excise duty

[Prem Bajaj]

Dear Sir,

Can i file Excise return with out depositing Excise duty with the deptt.??

Thanks in advance.

AI Summary

Filing Excise Return Without Payment: Possible With Interest and Penalties, Risk of Scrutiny and Audits. A user inquired whether it is possible to file an excise return without depositing the excise duty. Responses varied: one stated it is not possible, while others suggested it is possible but would incur interest and penalties. It was noted that filing without payment would result in a 'red mark,' drawing departmental scrutiny and potential audits. One contributor mentioned that paying the duty later with interest and notifying the authorities might avoid penalties, though another cautioned that without a valid reason, such as financial crises, the department might not accept the delay.