What penalty will be levied, after last date for vat return
Querist : Anonymous
Can anyone please suggest us whether the last date has been extended further or not to file VAT returns (S.T. returns) for FY 2016-17 after May month.
If so, then what date.
If not, then can we still file VAT returns with penalty. What penalty will be levied. Will it be on per day basis.
Can you please suggest with details.
Regards
Querist : Anonymous
Kindly suggest for my previously mentioned queries.
Regards
Vakil Search
The exact penalty amount can vary depending on the specific circumstances and the discretion of the tax authorities. It's advisable to file the overdue returns as soon as possible to minimize the penalty.
If you have missed the deadline for filing VAT returns for FY 2016-17, it's recommended to file them promptly. You can check the Kerala VAT Amnesty Portal for any available schemes that might reduce penalties or interest on overdue returns.
Click here to login now
Similar Resolved Queries
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
