Mvat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 December 2014
Sir,
One of my friend has started business and registered with Maharashtra VAT. In the last F.Y no business activity was carried out and he forget to file NIL return. Now if he file the return for Last year what will be the penalty for non filling of return.
Pls guide
One of my friend has started business and registered with Maharashtra VAT. In the last F.Y no business activity was carried out and he forget to file NIL return. Now if he file the return for Last year what will be the penalty for non filling of return.
Pls guide
Amol S Joglekar
(Expert)
16 December 2014
Maharashtra Govt has reduced the penalty for non filing of return to 2000. Just check the same by logging in to your MVAT account on mvat site and check the amount. In the latest cases, it is still 5000, but for earlier years it is 2000
Rupesh Jain
(Expert)
20 December 2014
PLS File the return you have to pay the penalty for non filing of return
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