B.R. BHALLA, ADVOCATE
(Expert) 05 September 2010
Each State provides differently. Haryana has recently provided for penalty for non-filing of Annual VAT Return R-2, which is similar and equal to quarterly VAT Returns. Hope you get an answer from a UP based expert.
Surrender K Singal
(Expert) 07 September 2010
Annual return under VAT is a summary of all the periodic returns with reference to final Accounts as per Trading / Manufacturing & P. and L. Accounts