Related to vat & cst return

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Priyanka Katdare

Priyanka Katdare (Querist)
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12 April 2012 maximum time limit for filing VAT & CST return. eg. can i fill VAT & CST Return for F.Y. 2001-2002 now??

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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13 April 2012 Commercial tax department always do regular assessments to verify records

Dept. have to do assessments before 4-6 yrs end because they cannot assessed any assessee after expired of time limit of assessment

after assessment dept. take next year not previous year and you are asking for 10 years before.

VAT return has to file in its due date and before assessment.

So, in my view you cannot file vat return now.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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13 April 2012 any reason for asking ??

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Priyanka Katdare

Priyanka Katdare (Querist)
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13 April 2012 i want to file the VAT return for F.Y 2008-09 can i file that?

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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13 April 2012 if assessment is not done then you can file return but you have to paid penalty of late filing

wait for dept.intimation they will intimate you about penalty

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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14 April 2012 The expert has given you to the point reply and does not require any second opinion. I agree with him.

You can file any return physically but interest and penalty is to be paid on tax payable