Dear Sir,
Why the penalty has been levied? What was the reason stated in penalty notice.
Anyone from Delhi can guide you better.
Settlement of penalty for assessment under section 33 for VAT
I have taken a VAT+CST number in august 2013 as a sole proprietorship firm but due to some circumstances, I'am unable to do any business ( Due to discontinuation of business ) in this firm and NO SALES OR PURCHASE is done till now and all NIL Return have been filled timely as per my accountant, I recently came to know at the time of surrender of vat number that Fourth quarter 2013-14 which was filled after 78 days and showing penalty of 39000 + 39000 CST and two different notice ( VAT + CST ) of assessment of penalty under section 33 was issue each amounting 39,000/- on 02-09-2014. hence number is not surrender yet Is there any way out that this penalty can be waived off and my number is surrendered. Please contact me at 9711901901
Asked 7 years ago in VAT
Vat return filled after 78 days of due date
Asked 7 years ago
Hi,
Delhi VAT Dept should have issued a notice to you before levying Penalties. Did you or any of your representative appear on your behalf before the VAT Officers in connection to this?
There will be additional interest for non-payment of Tax Demanded. Longer the case goes on, higher will be the interest and penalties. I suggest to contact your VAT Consultant or any good CA in Delhi and get the issue resolved asap.
Hello Sir,
Could you please let me know as to which state does your query pertain to.
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