Sir
I collected Vat from the customers. But i did not filled the monthly returns till date from april 2012
What would be the penalties . any means and ways to complete the returns.
Shankar Reddy.V
(Tax consultant)
(81 Points)
Replied 06 February 2013
Dear Sir
There is no mean and ways othere than paying penalty @ 10% on tax payable + Interest @ 1.5% per month
CAclubindia
