Supplier is zero filer
This query is : Resolved
mangesh chitnis
(Querist)
29 September 2015
Our supplier had filed Form 704 but didnt show our name in his J1 for the 2010-2011. His RC shows canceled in 2012. Now the department is disallowing my VAT credit & imposed interest till date & 100% penalty. What should we do in this case? Please reply.
Amol S Joglekar
(Expert)
29 September 2015
pay the interest and get rid of that.
mangesh chitnis
(Querist)
29 September 2015
but if party agrees to file supplementary annexure for the said period then the case may be solved. right???
Amol S Joglekar
(Expert)
29 September 2015
yes, the case may be solved if the party alters its return
mangesh chitnis
(Querist)
30 September 2015
thank u very much for your early reply
Amol S Joglekar
(Expert)
30 September 2015
you are most welcome.
.
.
.
.
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
