Purchaser does not want bill without addition of gst
This query is : Resolved
18 May 2019
Respected Sirs,
As the purchaser wants bill without addition of GST, we have given the bill to the purchaser without addition of GST and we have paid the GST liability. Is there any harm in such transactions to us. Whether we have violated GST Rules ?
Whether any penalty on supplier and purchaser shall be levied on both of us. Please guide us and oblige.
As the purchaser wants bill without addition of GST, we have given the bill to the purchaser without addition of GST and we have paid the GST liability. Is there any harm in such transactions to us. Whether we have violated GST Rules ?
Whether any penalty on supplier and purchaser shall be levied on both of us. Please guide us and oblige.
19 May 2019
Yes , there is a harm .
If the invoices are not raised in terms of GST rules, then the registered person shall be liable to pay the penalty of Rs.25,000/-. Further, if the invoice is raised but the same is not entered in books of account, then also the penalty of Rs.25,000 shall be levied.
If the invoices are not raised in terms of GST rules, then the registered person shall be liable to pay the penalty of Rs.25,000/-. Further, if the invoice is raised but the same is not entered in books of account, then also the penalty of Rs.25,000 shall be levied.
19 May 2019
Refer Section 122 of the GST Act 2017
19 May 2019
Anita Madam Thank u very much for your prompt reply. It is a matter of great pleasure that u r having tremendous knowledge of GST Rules and Regulation and sections. Okey I will refer to section 122 of GST Act 2017
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- RELATED TO TRIBUNAL APPEAL
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- TDS AND ITR ISSUE
- Sec 44ada applicable only or both
- GST Rate for Catering Services
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Journal entry of busniess expenses
- Cash balance limit and property purchases limit
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
