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Is there any penalty on late filing of VAT return for nil amount in uttar pradesh?

April 26, 2017Business filing Finance India late nil penalty Return taxes VAT

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Is there any penalty on late filing of VAT return for nil amount in uttar pradesh?

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Late filing of any tax returns attracts penalty and the assessing officer may waive the penalty if it is proved that the late filing was not intentional but due to some adverse reasons, beyond the capacity of the tax payer.