consequences

This query is : Resolved 

16 July 2009 what are the consequences if the vat/cst returns are filed delay

16 July 2009 pl let me know in which state you are asking for.

with regard to Karnataka, if the returns are not filed as within due dates you need to pay Rs. 50/- per day of delay as penalty which is maximum of Rs. 250/-

further you need to pay interest @ 1.25% p.m. on the tax due.


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