Non submission of form c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2011
We had supplied to our customer at concessional rate of tax previous year. Now our customer says he will pay the difference tax amount.
Now my problem is should I ask interest and penalty also.
Will sales tax department levy interest and penalty if I remit the difference tax amount instead of Form C.
Now my problem is should I ask interest and penalty also.
Will sales tax department levy interest and penalty if I remit the difference tax amount instead of Form C.
20 December 2011
Dear Friend, The payment of difference of tax will be claimed with interest as applicable and the penalty as imposed by the sales tax authorities according to the provisions of State VAT. You have to claim interest as well as penalty from your customers.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR selection for salaries and capital gain less than L
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
