cst act
This query is : Resolved
26 November 2010
whether it is compulsory to file cst return when cst liability is nil????
26 November 2010
In the Trade Circular No 52T of 2007 dated 31-7-2007, it had been clarified that where there are no inter state sales in any return period, no return is required to be filed under the CST Act, 1956, provided the return filed under the MVAT Act, 2002 for the same period shows NIL turnover of inter state sales.
To remove the doubts, if any, it is further clarified that this exemption from filing of the CST return is applicable to the CST e returns also, in the situation described above.
To remove the doubts, if any, it is further clarified that this exemption from filing of the CST return is applicable to the CST e returns also, in the situation described above.
Message likes :
1 times
27 November 2010
THANK YOU!!!!!!!!!!!
I DID NOT FIND ANY FURTHER CLARIFICATION ON IT BUT IF YOU OR NAY ONE ELSE FIND IT PLEASE REPLY
I DID NOT FIND ANY FURTHER CLARIFICATION ON IT BUT IF YOU OR NAY ONE ELSE FIND IT PLEASE REPLY
01 December 2010
Yes, you should provide nil (zero balance) CST return (annual return) form for the year. if you have cst no., otherwise no need.
01 December 2010
i m a registered dealer under cst act but do not have any cst transaction should i file a return?
if yes then should i file six monthly return as i need to file six monthly vat return?
i have recevied a demand notice for penalty for not filing cst return for the period 01/10/2009 to 31/3/2010(i.e. six monthly return)?
what reply i should give to STO?
if yes then should i file six monthly return as i need to file six monthly vat return?
i have recevied a demand notice for penalty for not filing cst return for the period 01/10/2009 to 31/3/2010(i.e. six monthly return)?
what reply i should give to STO?
02 December 2010
Yes, you must submit CST return to CTO, in your case you don't have any cst & branch transaction during the period. so, you can submit Annual CST return (ie., 01/10/2009 to 31/3/2010).
02 December 2010
i have recevied a demand notice for penalty OF rS.5000/- for not filing cst return for the period 01/10/2009 to 31/3/2010(i.e. six monthly return)?
what reply i should give to STO?
I WILL HAVE TO FILE ANNUAL RETURN(i.e 1/4/2009 to 31/3/2010) correct??
what reply i should give to STO?
I WILL HAVE TO FILE ANNUAL RETURN(i.e 1/4/2009 to 31/3/2010) correct??
02 December 2010
Actually this penalty amount is drop from Rs.10000 to 5000. So, Penalty of Rs.5000 is imposable for non-filing of return, which is to be filed under one-by-six scheme. In other cases, the penalty for late filing is Rs.5,000. Interest is also chargeable for non-filing or late filing. This penalty will also be non-appeal able. This penalty will be in addition to any other penalty which may be imposed under the Act.
03 December 2010
what reply i should give to STO?
I WILL HAVE TO FILE ANNUAL RETURN(i.e 1/4/2009 to 31/3/2010) correct?
I WILL HAVE TO FILE ANNUAL RETURN(i.e 1/4/2009 to 31/3/2010) correct?
03 December 2010
Yes, and you should pay the penalty, along with reply of notice to sto.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
