Monday, December 28, 2020

Penalty order set aside, when interest on delayed payment already paid

GST/EXCISE/ST/VAT : Penalty under section 58 of Uttarakhand VAT Act could not be imposed on assessee for delay in deposit of tax due to COVID-19 as there was no financial loss to revenue since interest on delayed payment had been made

from www.taxmann.com Latest Case Laws https://ift.tt/34QthW2
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