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Delay in filling the VAT Return


Hi, Can anyone tell me what is the penalty/consequences of the late filling of  the VAT return and the other consequences?

 
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May be it is related to money. well it depends upon the time duration from when you don't submitted the dues. well its illegal if you want to avoid to pay this tax.

 
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Dear Amit

100 Rs. per day till the contravention is continous

if the dealer also registered in CST Act than 100 per day for DVAT return as well as CST return (i.e. 200/- per day)

there is no other consequences apart from this but keep in mind this penalty only for late return filling not for late payment of tax. u can submit the penalty challan along with return whenever u file it or at that time of Assessment...

Arun

 

 
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The comments of Arun Dhawan are correct to the extent that the maximum penatly cannot increase beyond Rs. 10,000.00 per return period under  each act.

 
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Thanks Varun and Delvatp. On emore query- What is consequences of late filling of excise return??

 
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Dear All

Maximum penalty is 10000/- per quarter (individual for VAT & CST Return)

mean to say if the dealer is registered in vat act as well as cst act then the maximum penalty will be 20000/- (i.e. 10000/- for vat return & 10000/- for cst return)

Arun

 
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What is rate of interest on dealy in payment of vat as well as CST

I f the dealer is filling quarterly return then what is late filling for vat as well cst

 

KK AGGRWAL

 
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Hi, can anyone tell me , our sales liability deposit time to time but we are not file return on due date, so please advice what penalty or interest in this case.

 
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Hi, we would like to know our dvat tax deposited time to time but we are not efile return on due date, so please advice what penalty or interest in this case.

 
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can any on tell me what is late fineor penalty for non filing of VAT return and CST return in the state of Orrissa

 
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