Issue of invoice
This query is : Resolved
CA Sudha S Keswani
(Querist)
23 March 2013
dear experts,
in case if service is provided and bill is not issued within 30 days as per rules. then whether as per rules only interest will be payable on that or penalty is also applicable?
in case if service is provided and bill is not issued within 30 days as per rules. then whether as per rules only interest will be payable on that or penalty is also applicable?
Jayant Bothra
(Expert)
23 March 2013
Dear Sudha,
This is the clear position of law that penalty can only be levied only after issuing the notice. The purpose of penalty is to punish the person in default and when you yourself are correcting the mistake then the question of penalty do nor arise.
Thanks & Regds
CA JAYANT BOTHRA
M: +91-9873-626-020
This is the clear position of law that penalty can only be levied only after issuing the notice. The purpose of penalty is to punish the person in default and when you yourself are correcting the mistake then the question of penalty do nor arise.
Thanks & Regds
CA JAYANT BOTHRA
M: +91-9873-626-020
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- GSTR-9C filing
- GST input credit on commercial property
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
