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How to save vat??

VAT (Legacy) 355 views 1 replies
Assesse started business on 01/05/2010 But due to ignorance of law provisions, he didnt charged VAT in his invoices. He did not paid VAT to gov, not he filed returns of two quarters. Now he wants to regularise work What are the methods by which Tax liability can be saved or reduced??
Replies (1)

The only way is you have to contact Local VAT officer and explain him the situation. He may be levy penalty for non filing of returns and regularize 


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