Monday 16 February 2015

No penalty for incomplete import declaration form if goods were found recorded in books of accounts

CST & VAT: UP VAT - Merely because column 6 (providing for bill/cash memo/challan/tax invoice No. & date) of Form 38 was found blank, penalty could not be levied when goods were found recorded in books of account and there was no intention to evade tax


No comments:

Post a Comment