Penalty of 5% levied on goods at checkpost cst sales (urgent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 August 2013
Dear Sir
A truck containing goods was seized at checkpost. All the documents were found to be okay. However the sale bill had wrongly mentioned name of the purchser as ABC Ltd. which however was ABC Private Limited.
The TIN and CST nos. mentioned in the invoice are however correct.
The Officer says he shall levy 5% penalty on the invoice value of goods.
What should we do?
A truck containing goods was seized at checkpost. All the documents were found to be okay. However the sale bill had wrongly mentioned name of the purchser as ABC Ltd. which however was ABC Private Limited.
The TIN and CST nos. mentioned in the invoice are however correct.
The Officer says he shall levy 5% penalty on the invoice value of goods.
What should we do?
25 August 2013
It is minor clerical error which can be ignored. Once the TIN no tallies the purchases will go to the account of the consignee company only. Try to convince the check post men by filing an application in writing,if don't succeed pay with a protest. Then file an apeal and get it refunded. Sometimes senior authorities also can help you in getting the vehicle released.....mjk
Message likes :
1 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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
