Vat audit


This query is : Resolved 

28 February 2019 Hello dear Expert If vat audit not Submit on within due date then what will happen and otherwise can submit after due date with penalties?

01 March 2019 Hi,

true, if VAT 240 or annual return if you wont submit on the statutory time line its 5000 Penalty and 50 Rs per day for each day of delay in filing in karnataka.
regards,
Bhavya.P


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