https://www.taxtmi.com/forum/issue?id=111281 Late filing of excise returns attracts a per-day statutory late filing fee up to a prescribed maximum and a separate lump-sum general penalty. The statutory late fee is mandatory and not subject to officer-level relaxation. The general penalty is one-time, may be imposed in addition to the late fee, but its imposition is discretionary and may be mitigated where the lapse is procedural and records disclose no concealment. en-us Thu, 29 Dec 2016 11:27:25 +0530 Thu, 23 Jan 2025 15:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111281 Late filing of excise returns attracts a per-day statutory late filing fee up to a prescribed maximum and a separate lump-sum general penalty. The statutory late fee is mandatory and not subject to officer-level relaxation. The general penalty is one-time, may be imposed in addition to the late fee, but its imposition is discretionary and may be mitigated where the lapse is procedural and records disclose no concealment. Discussion-Forum Central Excise Thu, 29 Dec 2016 11:27:25 +0530 https://www.taxtmi.com/forum/issue?id=111281