Please tell me what all the penalty would be imposed if according to circular No. 144/13/2011-ST, invoice could not be issued within 14 days from completion of taxable service
01 September 2011
Penalty under section 77(2) of the Finance Act,1994 read along with rule 4A of the Service tax Rules,1994 can be levied. Amount of penalty is Rs.5,000/-.