- The Taxes department in Nagaland has issued a notification regarding VAT registration.
- Dealers under Dimapur Zone who have not yet applied for registration must do so within 30 days.
- Failure to apply for registration will result in a penalty of not less than rupees five thousands and not more than rupees ten thousands for each month of default.
- Defaulters may also face prosecution, with a possible imprisonment of one year and a fine.
Source: morungexpress.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
