Vat

This query is : Resolved 

20 August 2013 we are failed to file vat returns for more than 4 months to karnataka commercial taxes .if we delayed further what are the consequences? please guide me....

24 August 2013 Hi Nagaraju,

1) penalty under section 72 ( including punishable with simple imprisonment which may extend to six months,)
2)Interest under section 36



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