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    <title>Interest and penalty on delayed payment of Exice duty and return</title>
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    <description>Interest on unpaid excise duty is chargeable from the due date until the date the duty is paid; a separate penalty applies for delayed duty payment. Late filing of the return attracts a per day penalty. When duty and return are both paid/filed on the same later date, interest and duty penalty are calculated only up to that date. Part payments leave the balance payable immediately. No interest is chargeable on interest or on penalty.</description>
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    <pubDate>Thu, 08 Oct 2015 20:55:16 +0530</pubDate>
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      <title>Interest and penalty on delayed payment of Exice duty and return</title>
      <link>https://www.taxtmi.com/forum/issue?id=109260</link>
      <description>Interest on unpaid excise duty is chargeable from the due date until the date the duty is paid; a separate penalty applies for delayed duty payment. Late filing of the return attracts a per day penalty. When duty and return are both paid/filed on the same later date, interest and duty penalty are calculated only up to that date. Part payments leave the balance payable immediately. No interest is chargeable on interest or on penalty.</description>
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      <law>Central Excise</law>
      <pubDate>Thu, 08 Oct 2015 20:55:16 +0530</pubDate>
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