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Cst payable late payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2012 Sir

We Have submitted vat return on in due date.But Payment is paid after 2 months.CTO released a Notice on 10% Penalty under penalised under the provisions of CST Act.
My query is how to wave of this penalty.

Kindly Help me about query.

21 May 2012 Mr Author,
For late payments of tax penalty is mandatory under both VAT and CST Acts...
MJK



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