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How to save vat??
Assesse started business on 01/05/2010
But due to ignorance of law provisions, he didnt charged VAT in his invoices.
He did not paid VAT to gov, not he filed returns of two quarters.
Now he wants to regularise work
What are the methods by which Tax liability can be saved or reduced??
Replies (1)
The only way is you have to contact Local VAT officer and explain him the situation. He may be levy penalty for non filing of returns and regularize
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