FORM 16
[See Rule 26 (b)]
Notice under section 18(5)(b) of the Madhya Pradesh Vat Act, 2002 for demand of additional tax/interest :-
To,
(Name)__________________________
(Address) ________________________
TIN__________________ ___________
After hearing and verification of the return (s) for the period from ______________ to ____________- given by you, it is found that,-
1. The explanation given is satisfactory, hence the proceeding started by issue of form 15 is hereby dropped
OR
2. The explanation given is not satisfactory or partialy satisfactory (details are given below)
...................................................................................................................................................
and-
(i) tax payable by you during the said period at the correct rate of ___________ amounts to Rs.______________
(ii) interest payable by you during the said period amount to Rs.______________-
(iii) a deduction of an amount of Rs. ___________has been wrongly claimed by you on which you are liable to pay tax of Rs. _____________ at the rate of ___________
(iv) input tax rebate of an amount of Rs._______________ has been wrongly claimed by you on and the said amount of tax is payable by you.
A total amount of Rs.__________ by way of tax/interest is payable by you.
Now therefor you are hereby directed to pay the sum of Rs.____________________ (in figures)________________ Rs.____________________ (in words) into the government treasury at ________________ on or before (date) ________________and to produce the copy of the Challan in form 26 or e-receipt in form 26 A in proof of payment before the undersigned not later than (date)______________ failing which action will be taken according to the provisions of the Act".