https://www.taxtmi.com/forum/issue?id=5092 The issue concerns the penalty under the Odisha Value Added Tax that levies a fixed daily monetary sanction for failure to file audited accounts; practitioners deem the provision unduly harsh and seek modification. The tax administration has solicited stakeholder views on OVAT Act provisions, including penalty rules, providing an administrative consultation route for potential reform or clarification of enforcement policy. en-us Mon, 24 Dec 2012 17:35:14 +0530 Thu, 23 Jan 2025 15:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5092 The issue concerns the penalty under the Odisha Value Added Tax that levies a fixed daily monetary sanction for failure to file audited accounts; practitioners deem the provision unduly harsh and seek modification. The tax administration has solicited stakeholder views on OVAT Act provisions, including penalty rules, providing an administrative consultation route for potential reform or clarification of enforcement policy. Discussion-Forum VAT / Sales Tax Mon, 24 Dec 2012 17:35:14 +0530 https://www.taxtmi.com/forum/issue?id=5092