Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Discussion > VAT >

VAT PENALTY FOR NON FILING RETURNS

    Post New Topic
Pages : 1





Chartered Accountant

[ Scorecard : 293]
Posted On 24 February 2011 at 11:20 Report Abuse

Dear All,

A client of mine has recently taken VAT Registration under voluntary scheme by paying Rs. 25k deposit for new registration.

However he failed to file his VATreturn. No he has received a notice from the VAT department about 5k penalty.

Can he write a letter to the department to adjust this penalty against the said deposit. (It is assumed that  there is no vat payable during the period the penalty is levied)

Please reply.

Thanks

Rajesh Poddar

Email : rajeshpoddarceo @ gmail.com


Online classes for CA CS CMA



Pankaj Arora
Accountant/Learner

[ Scorecard : 2744]
Posted On 24 February 2011 at 11:30

 

I don’t know whether 25 K will adjust with penalty amount but if its nil return of quarter of half yearly than you can write a letter to Sales Tax Dept. regarding it and may be you don’t have to pay penalty.





Nitin Grover
CS

[ Scorecard : 1113]
Posted On 24 February 2011 at 13:04

Dear Friend

25k thousand deposited for what its for security i think so.

in which state that dealer is registered. in haryana not filing of Vat Returns penalty is 2000 + 100 rs /per day.

 

Regards



There are 2 Replies to this message








Related Files








Related Threads


Post your reply for VAT PENALTY FOR NON FILING RETURNS



Your are not logged in . Please login to post replies

Click here to login


Not a member yet ?? Click here to signup

Message







    

  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.




Forum Home | Forum Portal | Member Control Center | Who is Where | Popular Threads | Today's Topic | Recent Posts | Today's Posts | Post New Topic | Thread With Files | Top Threads This Month | Forum Stats | Unreplied Threads

back to the top