about sales tax

[siva reddy annapa reddy]

if filling is late in sales tax what is the penality

AI Summary

Late sales tax return penalty: fixed or percentage-based sanctions apply, with requirement to afford dealer an opportunity to be heard.
Section 50 of the APVAT Act prescribes fixed monetary penalties for failure to file returns when no tax is due, reduced fixed penalties for dealers under the composition provision, and a percentage-based penalty where returns are filed late with tax due; the authority must give the dealer a reasonable opportunity of being heard before imposing penalty.