PENALTY FOR NON INFORMATION OF BRANCH OFFICE
This query is : Resolved
20 May 2011
SIR ONE OF OUR CLIENT HAS OPENED A BRANCH IN DELHI BUT HE HAS NOT INTIMATED TO THE DEPARTMENT REGARDING THE BRANCH. WHAT IS THE AMOUNT OF PENALTY IN THIS CASE ?
20 May 2011
mere opening of branch does not mean any penalty,
if the assesee has done purchase and sales from that branch, without getting it aended in vat RC, then such branch unit would be considered in default, and department will not allow any input credit on such company.
if the assesee has done purchase and sales from that branch, without getting it aended in vat RC, then such branch unit would be considered in default, and department will not allow any input credit on such company.
20 May 2011
sir the client has done purchase and sale also at that branch.Is there any penalty also apart from not allowing input credit.
23 May 2011
yes ,if the turnover crosses the threshold limit as per delhi VAT.
Anuj
0-9810106211
Anuj
0-9810106211
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- RCM INVOICING FROM NOV-2024
- Confusion around Form 26QB fields
- GST Regis.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
