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Composit dealer

This query is : Resolved 

06 May 2019 DEar sir,
FY 18-19, I filed nil return for consecutive three qtrly return., now if i put all sales in last qtr with interest. Is really any problem if I do it ??

Thank you

06 May 2019 As long as you are paying interest@18% there is no problem.

Further, please note that interest shall be paid on gross liability and not on net liability as per recently held in Megha Engineering.


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