Late payment
This query is : Resolved
24 April 2017
In the case of late payment of vat. We should pay both penalty & interest.
Guest
Guest
(Expert)
24 April 2017
On late payment only interest is to be paid along with tax amount
Guest
Guest
(Expert)
24 April 2017
Penalty is to be paid on late filing of return and not in case of late payment.
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