About C-Form penalty
This query is : Resolved
24 July 2016
Dear all,
Some of our distributors has not submitted their C-Form to us, can any one tell me the rates of penalty which government will charge to our company... Thank u.
29 July 2016
The tax liability will be as follows:
Rate which is applicable to the goods(i.e 5% or 12.5%) Less: The Rate charged (2%)
In addition interest u/s 30(2) of Maharashtra Value Added Tax Act, 2002 will be applicable which is 1.5% per month.
Rate which is applicable to the goods(i.e 5% or 12.5%) Less: The Rate charged (2%)
In addition interest u/s 30(2) of Maharashtra Value Added Tax Act, 2002 will be applicable which is 1.5% per month.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
