What penalty has to pay if business customer doesn’t return VAT in due time?

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    Kallis Roy
    Ultimate
    CA

    What penalty has to pay if business customer doesn’t return VAT in due time?

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      Jason
      Beginner
      none

      If the business customer won’t return the VAT in the due time so the penalty amount can range from 2% to 15% of the VAT owed, depending on the length of the delay and the amount of VAT owed.

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