24 June 2012
VAT 200 return has to be filed on or before 20 of every succeeding month. If you are a TOT dealer, qtly reurn to be filed within 30 days.
(1) Any VAT dealer, who fails to file a return where no tax is due, by the end of the month in which it was due, shall be liable to pay a penalty of Rs.2,500/-(Rupees two thousand five hundred only). (2) Any dealer registered under sub-section (7) of Section 17 who fails to file a return where no tax is due shall be liable to pay a penalty of Rs.500/-. (Rupees five hundred only).