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What Shall be the consequence if supply is made without issue of Invoice?

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What Shall be the consequence if supply is made without issue of Invoice?
posted Dec 22, 2017 by Ritika Sharma

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1) As per Section 122(1)(i) Where a taxable person who supplies any goods or services or both without issue of any invoice or issues an incorrect or false invoice with regard to any such supply he shall be liable to pay a penalty of ten thousand rupees or an amount equivalent to the tax evaded whichever is higher.
2) Prosecution can be made against the officer in default as per the provision of section 132.

answer Dec 26, 2017 by Sagar Sharma
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