Penalty if delay in vat payment in karnataka

Others 4237 views 4 replies

In Karnataka, if the VAT was paid after 10 days of due date, what will be other penalties, charges, interests etc. ? Please help.

Replies (4)

Your e-sugam filing will be affected. Lot of hassles to make it functional.You may have to visit Karnataka sales Tax office and then you know......

Hi Mr.Shukla

penalty is 10% of the tax due if default is more than 10 days, along with interest @ 1.5%, for better understanding refet to section 72(1) of KVAT Act,2003

Thank you Mr. Shankar Reddy. V for updates.

yes i agreed above 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details