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Interest on late deposit of vat

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(Querist)
14 May 2016 I want to know about interest charged on late deposit of VAT. Please inform about penalty for non filling or late filling of VAT return in Punjab.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
14 May 2016 In Gujarat it is 1.5% per month. I think it is possibly in your state also.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
15 May 2016 Late payment of VAT 1.5% interest 10% penalty
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