As the purchaser wants bill without addition of GST, we have given the bill to the purchaser without addition of GST and we have paid the GST liability. Is there any harm in such transactions to us. Whether we have violated GST Rules ?
Whether any penalty on supplier and purchaser shall be levied on both of us. Please guide us and oblige.
If the invoices are not raised in terms of GST rules, then the registered person shall be liable to pay the penalty of Rs.25,000/-. Further, if the invoice is raised but the same is not entered in books of account, then also the penalty of Rs.25,000 shall be levied.
19 May 2019
Anita Madam Thank u very much for your prompt reply. It is a matter of great pleasure that u r having tremendous knowledge of GST Rules and Regulation and sections. Okey I will refer to section 122 of GST Act 2017
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