Hi all,
Due date for uploading Six monthly CST Returns under MVAT was 10.11.2010.
My client has not effected any turnover out of the Maharashtra (no inter state sales). Still from 2006 to 31.3.2010, I regularly filed/uploaded all six-monthly CST returns in time. For the period 1.4.2010 to 30.9.2010, I uploaded Form 231 in time but was not able to upload CST return as periodicity mentioned/shown on MVAT Website was wrongly shown as quarterly. On 10.11.2010 (on last day of due date) I wrote a letter to Asst Comm of Sales Tax, Returns Branch, Thane regarding this discrepancy.
On 14.12.2010, my client is in receipt of Rs. 5000/- Penalty notice u/s. 9 (2A) for not uploading CST return in time.
MVAT dept's circular Number 52T dated 31.7.2007 clearly states/exempts dealers from filing CST returns if their interstate turnover is NIL..
What I should do?
CAclubindia
