Penalty for Late filing or non filing of VAT Audit report - Professionals - Legal - TIK Share
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Penalty for Late filing or non filing of VAT Audit report


MANOJ SHARMA

2013-12-07

Can any one tell me provisions of late filling of VAT Audit report viz penalty and other consequences if any.

CA Pulkit Sharma

2013-12-07

The penalty for late filing or non filing of VAT audit reports in Karnataka are:

Rs. 5000 penalty and additional penalty of Rs. 50 for each day of delay.

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Vedanta Deshika

2013-12-16

@manoj sharma.

I feel we can discuss better things than these small provisions since these things are generally available everywhere on net. Kindly dont consider it as a rude comment, it was just an opinion. Revert to me for any further queries on KVAT related issues

~CA Vedanta Deshika 

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