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Interest for late submit of form 240

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 December 2011 What is the interest to be charged for late submit of form 240 under K-VAT act 2003.
State Karnataka.
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
28 December 2011 there is no interest but penalty would be applicable

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