vat escaped

1210 views 2 replies

hi ,

Nice to address all of u .

Actually we made a vat sale but due to the neligence that particular sale and vat thereon has escaped to be shown in Quaterly return and obiously the payment of vat made short by that vat amount

whether we have to refile the return while the case is for previous year.

Replies (2)
I think in your state too, there must be some povisions of revised returns. Plz.. see the same. In Assam revised returns may be filed up to 6 months........ Interest for delayed payment of taxes will be levied.
fisrt of all you pay the tax with interest immediately. if 6 month not expired file revised return. else it will be determined in assesment by VAT authority. you need not to worry only thing pay tax.


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