Penalty or late fee for delay filing Central excise return

[Sudhir Kumar]

Is any late fee or penalty exit now for delay filing of central excise return?

If any circular or notification is available please assist.

AI Summary

Forum Explores Penalties for Late Central Excise Returns Filing Under Rule 12(6), Section 174 Cited for Context (6) A discussion on a forum addressed the issue of penalties or late fees for delayed filing of central excise returns. An individual inquired about current penalties and sought relevant circulars or notifications. Responses highlighted the need for specific details, such as the filing period and delay duration. One participant referenced Section 174 for context, while another cited Rule 12(6) of the Central Excise Rules, 2002, which imposes a penalty of 100 rupees per day, up to a maximum of 20,000 rupees, for late submissions. The discussion aimed to clarify the applicable rules and penalties.