Dear Friends,
One of My Group Companies in West Bengal not paid VAT , CST and P TAX since 2007-2008 due to some family Dispute of the management now they had decided to pay the dues and file the returns. Now my Concern is How will I calculate the Penalty and Interest on due amount ???? whether i should file Return in Back Date or Present date ........????
1) VAT Liability Rs 100000.00
2) CST liability Rs 60000.00
3) salary and wages paid in Normal basis
Please Guide me to over come this Problem.
CAclubindia
