WCT RETURN, VAT + CST

[virendra singh]

DEAR SIR,

A FIRM REGISTERED IN 1ST QTR 2014-15 IN RVAT UNDER WCT. EC ISSUED ON 17/06/2014

WE FILED 1ST AND 2ND QTR VAT RETURN OF NIL TURNOVER. NOW THE FIRM HAS RAISED BILL IN 3RD QTR AGST PAYMENT OF CONTRACT WORK.

THE FIRM HAS RECD PAYMENT IN 3RD QTR AFTER DEDUCTING TAX BY THE AWARDER.

DO WE NEED TO FILE QTRLY RETURN OR WE CAN FILE VAT 11.

AND WHAT ARE THE PENALTY PROVISION FOR QTRLY. RETURN.