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about sales tax

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....bout sales tax<br> Query (Issue) Started By: - siva reddy annapa reddy Dated:- 5-8-2014 Last Reply Date:- 5-8-2014 Other Topics<br>Got 1 Reply<br>Indian Laws<br>if filling is late in sales tax what is....

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.... the penality Reply By Pradeep Khatri: The Reply: Dear Siva, Provisions pertaining to non filing of return or late filing of return are governed by Section 50 the APVAT Act read with Rule 23 of th....

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....e APVAT Rules. According of Section 50 of the APVAT Act:- Section 50. (1) Any VAT dealer, who fails to file a return where no tax is due, by the end of the month in which it was due, shall be liabl....

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....e to pay a penalty of &#x20B9; 2,500/-(Rupees two thousand five hundred only) (2) Any dealer registered under sub-section (7) of Section 17 who fails to file a return where no tax is due shall be lia....

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....ble to pay a penalty of &#x20B9; 500/-. (Rupees five hundred only). (3) Where a dealer files a return, after the last day of the month in which it is due, he shall be liable to pay a penalty of fif....

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....teen percent of the tax due: Provided that before levying penalty under this Section the authority prescribed shall give the dealer a reasonable opportunity of being heard. Regards, Team YAGAY and ....

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....SUN (Management and Indirect Tax Consultants)<br> Discussion Forum - Knowledge Sharing ....