DEAR EVERYONE
AT TTHE TIME OF INSPECTION IF STOCK IS FOUND SHOT THEN WHAT THE PENALITY WOULD BE
Arun Kumar Singh
(GST Advocate)
(15203 Points)
Replied 23 July 2013
Duty and interest will be applicable for shortage of stock. If you have to paid the duty with interest, penalty can be waived.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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