mohit nahata (Student) (141 Points)
30 June 2021Hello everyone
what is consequences and remedies for non compliance of not mentioning additional place in gst portal.
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4825 Points)
Replied 30 June 2021
ITC claim issue - Goods stored at additional place of business/when delivered to such location is not listed as recipient location. Dept. may dispute, although this can be said to be procedural lapse and ITC is eligible if other conditions are satisfied.
General non-compliance penalty u/s 125. - 50k.
CAclubindia
