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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
