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.
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