Karnataka vat

Others 532 views 1 replies

Dear all,

Please clarify my query regardind to kar vat,

I has paid the VAT by issuing the cheque but subsequently after two months we have reliased that the issued cheque was bounced so now

whether the interest & penalty will applicable for the VAT as per KVAT rules?

 

Replies (1)

Yes, penalty @ 10%, and interest @ 1.5% Per month is payable by DD


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register