Penalty Under Section 86(11) of Delhi Value Added
Any dealer who has claimed tax credit under section 14 of the Act to which he is not entitled, or has claimed a greater tax credit u/s 14 than is allowed.
Amount of Penalty
Rs. 10000 or the amount of tax so claimed whichever is higher.
Maximum Amount of Penalty Rs. 10,000/- or the amount of tax so claimed whichever is higher
Penalties for various defaults under Delhi Value Added Tax (DVAT) Act