CH155395 - Penalties for Failure to Pay on Time: Rules for specific taxes: Excise Duty – excise goods for use on a ship, aircraft or train as stores: Penalties: Failure to pay all or part of amounts due - total penalties
The overall penalties for the accounting period are the total of
- any default penalty (maximum 4%), see CH155393,
- any 6 month further penalty - 5% of duty unpaid 6 months after the penalty date, see CH155394, and
- any 12 month further penalty - 5%
of duty unpaid 12 months after the penalty date CH155394.