How penalty will be levy by deapartment U/S 29 (8)
This query is : Resolved
26 October 2009
Dear,
Dear, please let me know how the mandatory (compulsory) penalty will be levy or not by the deapartment in case of payment is made after 21st of the due date of payment and return has been filed on 31st of the filling date of the month?
Under Maharashtra VAT.
Dear, please let me know how the mandatory (compulsory) penalty will be levy or not by the deapartment in case of payment is made after 21st of the due date of payment and return has been filed on 31st of the filling date of the month?
Under Maharashtra VAT.
26 October 2009
WHICH STAT OF VAT YOU WANT TO KNOW?
26 October 2009
Hi Gopal,
You should calculate and pay interest for delay in payment of Tax abd submitting return and show the same in your belated return to avoid the penalty.
Check the link below for the circular on your issue.
https://www.mahavat.gov.in/mahavat/circular/upload/00016-00264.html
You should calculate and pay interest for delay in payment of Tax abd submitting return and show the same in your belated return to avoid the penalty.
Check the link below for the circular on your issue.
https://www.mahavat.gov.in/mahavat/circular/upload/00016-00264.html
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