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 ,
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Closing stock not submitted for fy 2011-11
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 | ||
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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. |
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Right , you need to pay penalty.
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