https://www.taxtmi.com/forum/issue?id=114296 Late filing of ER 1 nil returns under Central Excise rules draws a daily penalty subject to a statutory maximum for each delayed return, applied on a per return basis. Nil production does not exempt assessees from timely filing; each delayed ER 1 attracts the same late filing levy and the aggregate liability equals the sum of the per return caps for the delayed periods. en-us Sun, 04 Nov 2018 09:47:34 +0530 Thu, 23 Jan 2025 15:55:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114296 Late filing of ER 1 nil returns under Central Excise rules draws a daily penalty subject to a statutory maximum for each delayed return, applied on a per return basis. Nil production does not exempt assessees from timely filing; each delayed ER 1 attracts the same late filing levy and the aggregate liability equals the sum of the per return caps for the delayed periods. Discussion-Forum Central Excise Sun, 04 Nov 2018 09:47:34 +0530 https://www.taxtmi.com/forum/issue?id=114296