find enclosed herewith new circular of amendment of VAT.
The compulsory penalty for late filling of return will be Rs.5000 per deafult. The Officer will have not discreation but to levy the penalty there will be no need to issue the show cause notice and the penalty orders will be not appleable.
just click here:http://d.yimg.com/kq/groups/21451086/1014642680/name/VAT%20Circular%206%20Aug%202009.pdf
visit my main blog www.taxmannindia.blogspot.com
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