Delay in filling the VAT Return

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Hi, Can anyone tell me what is the penalty/consequences of the late filling of  the VAT return and the other consequences?

Replies (12)

May be it is related to money. well it depends upon the time duration from when you don't submitted the dues. well its illegal if you want to avoid to pay this tax.

Dear Amit

100 Rs. per day till the contravention is continous

if the dealer also registered in CST Act than 100 per day for DVAT return as well as CST return (i.e. 200/- per day)

there is no other consequences apart from this but keep in mind this penalty only for late return filling not for late payment of tax. u can submit the penalty challan along with return whenever u file it or at that time of Assessment...

Arun

 

The comments of Arun Dhawan are correct to the extent that the maximum penatly cannot increase beyond Rs. 10,000.00 per return period under  each act.

Thanks Varun and Delvatp. On emore query- What is consequences of late filling of excise return??

Dear All

Maximum penalty is 10000/- per quarter (individual for VAT & CST Return)

mean to say if the dealer is registered in vat act as well as cst act then the maximum penalty will be 20000/- (i.e. 10000/- for vat return & 10000/- for cst return)

Arun

What is rate of interest on dealy in payment of vat as well as CST

I f the dealer is filling quarterly return then what is late filling for vat as well cst

 

KK AGGRWAL

 

Hi, can anyone tell me , our sales liability deposit time to time but we are not file return on due date, so please advice what penalty or interest in this case.

Hi, we would like to know our dvat tax deposited time to time but we are not efile return on due date, so please advice what penalty or interest in this case.

can any on tell me what is late fineor penalty for non filing of VAT return and CST return in the state of Orrissa

Dear All, 

PLZ Can u suggest me on DVAT quaries???????????

1. What is secruity deposit on on-line dvat application?

2. What amount have to pay for stamp duty.

3. Penalty for not filing return on time for dvat.

4. What is due date for payment of dvat tax?? 

Dear Expert,

The billing was raised 14.5% and vat tax paid to the Department. Now party is asking should revise invoice cst 2% and  file the revise return to the Department.

 

Kindly advise me it is possible revise the invoice cst 2% and file the revise return to the Department or Can i get refund balance amt after raised the cst 2% instead of 14.5%.

Uttam

What are the consequenses of late filing of VAT Return in UP? and what if tax is payable?


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