consequences
This query is : Resolved
bhanuprakash
(Querist)
16 July 2009
what are the consequences if the vat/cst returns are filed delay
16 July 2009
pl let me know in which state you are asking for.
with regard to Karnataka, if the returns are not filed as within due dates you need to pay Rs. 50/- per day of delay as penalty which is maximum of Rs. 250/-
further you need to pay interest @ 1.25% p.m. on the tax due.
with regard to Karnataka, if the returns are not filed as within due dates you need to pay Rs. 50/- per day of delay as penalty which is maximum of Rs. 250/-
further you need to pay interest @ 1.25% p.m. on the tax due.
Dhirajlal Rambhia
(Expert)
01 July 2023
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