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Vat Audit 2007-08

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(Querist)
27 February 2009 Hi, I want to know how is the Penalty calculated in case of Late filing of Vat Audit Report???
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
01 March 2009 1 Lac or 0.1% of turnover whichever is less

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