What is the consequnce if time of supply is not followed in GST.
1 Replies
ANKIT SACHDEVA
(A/c Manager at Pallavi Rajput & Co. (Chartered Accountants))
(244 Points)
Replied 03 September 2018
refer sec 122 PENALTY 10000/- Or amount of tax evaded whichever is higher (since time of supply not followed tax is deemed to be evaded)
Recent Topics
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
Related Threads
CAclubindia
