Closing stock not submitted for fy 2011-11

VAT (Legacy) 619 views 4 replies

Dear Sir,

 

We have not submitted Closing stock For FY 2011-2012 under DVAT ,we dnt have Closint stock as on 31.03.2012 ,now department has sent penality 10000 .please suggets what i do ,

Replies (4)

Every registered dealer in delhi is required to fill stock-1. If stock is nil, you must file it nil. Not filing this detail attracts penalty.

Dear Sir,

 

Now what i have to do ,please suggest me

 

 

Regards

Sreenivas

u have to pay penalty... notice issued under the respective rule and section doesn't contain any objection. so u must have to pay the penalty of Rs. 10000.

Originally posted by : piyush tanwar

u have to pay penalty... notice issued under the respective rule and section doesn't contain any objection. so u must have to pay the penalty of Rs. 10000.

Right , you need to pay penalty.


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