Menu
Anti Profiteering
What is the amount of penalty if any assessee found in the case of non compliance of Anti Profiteering rules.
Replies (1)
No specific penalty has been defined by department or in Act also
but as per section written for Anti Profiteering clause penalty will be amount of undue profit which you have earned.
Views of other members expected
Recent Topics :
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
Related Topics :
CAclubindia
