21/07/2026
Under the Finance Act, 2026, the penalty for late filing of a Sales Tax Return under Section 33 of the Sales Tax Act, 1990 has been increased:
Previous penalty: Rs. 10,000
New penalty: Rs. 50,000
Return filed within 10 days after due date: daily penalty increased from Rs. 200 to Rs. 2,000 per day.
The Finance Act, 2026 is effective from July 1, 2026.