82. Option to pay a lump-sum amount in lieu of penalty levied under section 21, 52, 55 and 57 M.P. VAT RULES

 

82. Option to pay a lump-sum amount in lieu of penalty levied under section 21, 52, 55 and 57
 

 
 
(1) A dealer on whom a penalty has been imposed under sub-section (2) of section 21 or sub-section (2) of section 52 or clause (c) of sub-section (6) of section 55 may, if he so desires, give an option under sub-section (4) of section 21 or sub-section (4) of section 52 or clause (ea)of sub-section (6) of section 55 respectively to the authority imposing such penalty, after payment of the lump-sum amount specified in the sub-section. Such option shall be given in form 65, before the expiry of the period specified in the notice of demand for the payment of the penalty imposed.
 
(2) A transporter on whom a penalty has been imposed under sub-section (13) of section 57 may, if he so desires, give an option under sub-section (19) of section 57 to the authority imposing such penalty, after payment of the lump-sum amount specified in the sub-section. Such option shall be given in form 66, before the expiry of the period specified in the notice of demand for the payment of the penalty imposed.
Services

What We Offer

Legal Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local se....

Read More

Insurance Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local ....

Read More

Digital Signature

 

Digital Signatures in India - Simple, Speedy and Secure!

Experience ....

Read More

Finance Services

We offer comprehensive manual or computerized bookkeeping systems maintained by trained accounting professionals. This local ....

Read More

REQUEST A CALL BACK