Penalty for late filing of return under mvat act

I am a dealer eligible for for 704. The return for April to June 2015 was not filed by me before the due date, and I wish to file it now. However, while filing the return, it is giving me a choice to choose my fine. The options available are 1)5,000 2)2,000 3)1,000 Which amount is applicable to me? I wish to file the return today, that is 06/08/2015. Also, please provide reasoning so I can derive answers by myself from now on. Thanks Harshavardhan
Replies (1)

hi harsgvardhan,

Penalty for late filing of reunte under mvat act now is Rs. 5000, those diffrent slabs you are mentioning were applicable for earlier years.

hope you got the answer.

 

Narayan Mohite.

9960945911

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details