ER 1 LATE FEES

[TUSHAR K]

Dear Experts please tell me the late fees for filling ER-1 under central excise and also suggest me that how to pay this and where to show this amount in ER-1

AI Summary

Late filing of ER-1 incurs 100/day penalty, max 20,000; pay via Challan under penalty head. A query was raised regarding the late fees for filing ER-1 under central excise. One response indicated that a penalty of 100 per day, up to a maximum of 20,000, is applicable for late filing. This penalty should be paid via Challan under the penalty head and recorded in the Misc payments section under Other Payments. Another participant inquired about the possibility of claiming excise duty paid on inputs used in export goods after one year.