Interst due to delay payment of central excise

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nterst due to delay payment of central excise<br> Query (Issue) Started By: - Nandalal Kanungo Dated:- 13-9-2011 Last Reply Date:- 16-9-2011 Central Excise<br>Got 4 Replies<br>Central Excise<br>can w....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e adjust the interst due to delay payment of central excise from cenvat credit amount please guide me relating this matter. With regards Nandalal Kanungo Reply By pradeep khatri: The Reply: Dear ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Nandlal Kanungo, Interest and Penalties are reaquired to be deposited in cash (GAR-7 Challan) or through PLA. It can't be adjusted through CENVAT credit Account. This is for your kind information. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Best Regards, Pradeep Khatri. Reply By NEERAJ KUMAR, RANCHI: The Reply: Yes I do agree with the view of Mr Khatri. Reply By vijay kumar: The Reply: Interest cannot be adjusted through cenvat cred....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....it account since the head of account is different and therefore it needs to be paid in cash through GAR-7 challan. Reply By akhilesh dubey: The Reply: Dear nandalal Jee Interest due to delay payment ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....or other wise cannot be paid through the cenvat credit account. regards, Akhilesh Dubey<br> Discussion Forum - Knowledge Sharing ....