Penalty on nil return of mvat and cst

There is a Penalty for not filling Mvat and CST returns on time. But what would happen if the Trader has no Transaction till now i.e. It is a NIL Return and he has failed to file the return on time would it still attract any penalty ?? and what would be the due date for filling the same in case of half yearly??

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Penalty would be applicable for not filing the return .

Due DATE : 30th October for filing the return. 21st October for making the payment of tax. (if any)

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