Hiii...
I would like to know the Penal clauses for not updating the new address in the ST2 and continuing with the old Address.
2 Replies
Ravi Kumar Somani
(Indirect Taxes Specialization)
(3893 Points)
Replied 02 February 2016
General Penalty of Rs.10,000/- shall be levied u/s 77 of finance act, 1994. Further, CENVAT credit of bills addressed to the old premises can be rejected leading to unnecessary litigation.
Regards,
Ravi Kumar Somani
jayavant
(accountant)
(27 Points)
Replied 26 February 2016
I want Annexure II for shifting place of business from one jurisdiction to another
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