https://www.taxtmi.com/forum/issue?id=110113 Failure to pay declared excise duty by the due date results in interest on the unpaid liability and a penalty of one per cent on the unpaid amount for each month or part thereof, calculated from the due date where payment is not made within one month of that date; the penalty and interest apply concurrently to the period of default. en-us Wed, 30 Mar 2016 23:20:25 +0530 Thu, 23 Jan 2025 15:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110113 Failure to pay declared excise duty by the due date results in interest on the unpaid liability and a penalty of one per cent on the unpaid amount for each month or part thereof, calculated from the due date where payment is not made within one month of that date; the penalty and interest apply concurrently to the period of default. Discussion-Forum Central Excise Wed, 30 Mar 2016 23:20:25 +0530 https://www.taxtmi.com/forum/issue?id=110113