Jharkhand vat

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Rahul Prasad (Querist)
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02 November 2013 What is penalties and int rate for jvat ? Van i submit return of previous two year? And how much return will be filed for a year?

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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03 November 2013 Interest payable is 1%/pm and penalty is 2%/pm(including interest) on the amount due from the date it was required to be filed to the date of filing now.It may be possible to do it now on-line.If not you have to go to your registering officer and request him to enable you to do it electronically.Otherwise,you file all the monthly/quarterly returns manually with a cheque for each return seperately....mjk

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