My firm had DTA sale permission upto 31.03.2010. The permission was renewed in September but a DTA sale took place in August.The duty and vat all have been paid.Would we be required to pay penalty for selling goods before permission. THe good have moved from ware house only after the permission letter.
Menu
DTA Sales
Replies (1)
if "renewed" then no question of penalty/ interest, coz the effective date is long back w.e.f the original permission.
Recent Topics :
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
Related Topics :
CAclubindia
