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E invoice penalty

Nikhil Shrivastava (Senior Article Assistent) (23 Points)

20 March 2021

if non compliance of e invoice than what is the penalty

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CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 20 March 2021

Non-issuance of e-invoice is an offence under GST and thus attracts penal provisions. Below are some of the penalties for non-issuance of invoice or issuance of incorrect invoice:

Penalty for non-issuance of invoice- 100% of the tax due or Rs.10,000, whichever is higher.
Penalty for incorrect invoicing is Rs.25,000.

Divyam Agarwal (Practicing Chartered Accountant) (959 Points)
Replied 20 March 2021

If E-Invoice is mandatory and even then the same is not being followed, then it should amount to non issuance of invoice. Various penalties for non compliance are as follows -
1. Penalty for non issuance of invoice - 100 % of the tax due or Rs. 10,000 whichever is higher.

2. Penalty for incorrect invoice - Rs. 25,000

Further, penalty related to e-way bill can also be imposed.