vat retrun

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Querist : Anonymous

Querist : Anonymous (Querist)

23 September 2010 if we file online vat return on time. and hardcopy not file then penlty we applicableor not???

CMA Ramesh Krishnan (Expert)
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23 September 2010 Based on state VAT Act

CA Shailesh Kumar Bhagat (Expert)
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23 September 2010 depends on State VAT Act, but as natural justice, No penalty will be applicable.

CMA Ramesh Krishnan (Expert)
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23 September 2010 Penalty may not be there, but the return may be invalid, In Karnataka, need to subimt Halfyearly the hardcopy of return

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