Mvat and cst return not filed of last quarter

Mahavat 1719 views 12 replies
Hi all, me working in a private ltd co. and me as a accountant not file last qtr i.e Oct 14 To Dec 14 MVAT and CST return.Now my question is that can i file a return and what is the penalty for not filing a return for both MVAT and CST. Pls give me direction.
Replies (12)

You can file original return along with late fees of Rs.2000 by 28th Feb'2015. Interest @ 1.25% per month applicable.

If you file after 28th Feb, then late fees will be Rs.5000. Interest @ 1.25% per month shall remain same.

Thank you my dear friend.

But Rs. 2000 is for VAT and what about CST. 

Or VAT and CST=4000 ??

2000 RS LATE FEE IN MVAT RETURN AND 2000 RS LATE FEE IN CST RETURN. SO TOTAL RS.4000. 

Hi , I am not file last monthly return  i.e February 2015 MVAT return. I have question about penalty for not filing a return for MVAT. Please rply me.

Return period Feb 2015 I.e 1-2-2015 to 28-01-2015 - Due date to file is 31st march 2015. No penalty upto this date.
1-2-2015 to 28-02-2015. Correction in earlier reply.

Sorry,  Not for Feb. 2015, It's 01/01/2015 to 31/01/2015.

 

Penalty of Rs. 2000 upto 03-05-2015 ( up to 2 months from actual due date ). After that penalty of Rs. 5000.
Penalty of Rs. 2000 upto 03-04-2015 ( up to 30 days from actual due date ). After that penalty of Rs. 5000.

no interstate purchase n not file cst return for all quarter of 2014-2016.......what is penalty under mvat act

Rs.5000 per return per quarter.

 

If there is no Interstate Sale there is no need to File CST return and so no penalty.

 


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