Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

Quoting Wrong TIN no

1595 views 1 replies

Ritesh Jain

CA CS in Job

675 Points Joined September 2008

Can anybody please tell me...

What are the consequences as per VAT act if a person quotes Wrong TIN no. in his Invoice...

Replies (1)

ghanshyam upadhyay

tax consultant

72 Points Joined January 2009

any dealer who is registered under APVAT Act 2005 and who fails to use a TIN or MISUSE A TIN , shall be liable to pay a penalty of Rs. 1,000=00 for each offence. and if you require any further you can contact me on my mobile 09246527173 or send e mail gsupadhyay @ sify.com ( GHANSHYAM UPADHYAY, VAT CONSULTANT, HYDERABAD ( A.P.)