https://www.taxtmi.com/forum/issue?id=109736 Unpaid excise duty declared in returns must be paid with interest from the first day after the due date until actual payment, and amounts unpaid beyond one month attract a monthly penalty; recovery of duty, interest and penalty follows the same procedures as recovery of other sums payable to the Government. Amounts payable in terms of CENVAT credit rules are treated as duty for these purposes, and taxpayers are advised to consult the applicable payment and notification provisions and to pay promptly to avoid penalty. en-us Sun, 17 Jan 2016 11:22:18 +0530 Thu, 23 Jan 2025 15:56:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109736 Unpaid excise duty declared in returns must be paid with interest from the first day after the due date until actual payment, and amounts unpaid beyond one month attract a monthly penalty; recovery of duty, interest and penalty follows the same procedures as recovery of other sums payable to the Government. Amounts payable in terms of CENVAT credit rules are treated as duty for these purposes, and taxpayers are advised to consult the applicable payment and notification provisions and to pay promptly to avoid penalty. Discussion-Forum Central Excise Sun, 17 Jan 2016 11:22:18 +0530 https://www.taxtmi.com/forum/issue?id=109736