Hi,
we neither filed returns nor paid vat liability under AP VAT since 2012 -13. Could you please confirm that what is the interest rate and penalty rate for filing of late returns, as well as on payment of liability.
Rajasekhar
Menu
Interest and penalty rate for late filing & payment of apvat
Replies (1)
15 % simple interest on late payment
10% penalty
Recent Threads
- Poll: Do you spend >30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
Related Threads
CAclubindia
