10 September 2016
failure to registration under ST, penalty 10k or 200/- per day, which ever higher. my client under reverse charge not billing under ST bt cross 10Lacs as service provider in the year 2012-13. what is total penalty till date. any maximum penalty define.
Expert :
Anonymous
Expert :
Anonymous
(Expert)
12 September 2016
Section 69 Says
Registration is the liability of the person who is liable to pay tax and in case a service provider provides a service which come under 100% Rcm is not require to get register.
Therefore, no penalty.