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Section 86(10) Any person furnishes a false, misleading or deceptive  DVAT Return under the Act or omits to file return: Penalty u/s 86(10)

 

Section 86(16) A person has issued a retail invoice or tax invoice with in correct or incomplete particulars, or failed to account it correctly

 

 


Penalty Under Section 86(16) of Delhi Value Added Tax Act
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Where a person
(a) has issued a tax invoice or retail invoice with incomplete or incorrect particulars; or

(b) having issued a tax invoice or retail invoice, has failed to account it correctly in his books of account


Amount of Penalty
Rs. 5,000/- or 20% of the tax deficiency, if any, whichever is greater

Maximum Amount of Penalty Rs. 5,000/- or 20% of the tax deficiency, if any, whichever is greater
 

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