Subscribe to BCA Journal Know More

April 2008

Non-filing of VAT returns : Trade Cir. No. 7T of 2008, dated 5-3-2008.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi
Chartered Accountants
Reading Time 1 mins
fiogf49gjkf0d

New Page 1

Maharashtra VAT :


 

15 Non-filing of VAT returns : Trade Cir.
No. 7T of 2008, dated 5-3-2008.

The Circular states that in cases where show-cause notices
for prosecution due to non-filing of returns have been issued, and pursuant to
notices, the dealers file their returns before actual launch of prosecution
proceedings, the prosecution proceedings would be dropped. However, the interest
and penalty provisions would apply in these cases also. This relaxation would be
available only till 31-3-2008.

Download PDF

You May Also Like

E-returns under MVAT : Trade Cir. No. 8T of 2008 No. VAT/AMD-1007/1B/Adm-6 Mumbai, dated 19-3-2008.

Press Note No. 1 (2008), dated 12-3-2008. — Guidelines for Foreign Investment in Credit Information Companies.