Vat not collected
This query is : Resolved
21 June 2012
Hi
we have taken VAT TIN no. in Jan-2012 and from jan to mar we have not collected vat from client.
is any penalty for that?
and now to upload form231 what to do?
we have taken VAT TIN no. in Jan-2012 and from jan to mar we have not collected vat from client.
is any penalty for that?
and now to upload form231 what to do?
Kirti Umesh Acharya
(Expert)
27 June 2012
It is not clear whether you have issued
Tax Invoice or Retail Invoice.
In both the cases you are liable to pay
tax with Interest.
It is not clear whether you have issued
Tax Invoice or Retail Invoice.
In both the cases you are liable to pay
tax with Interest.
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