Any person who fails to issue any invoice shall pay a penalty of
- 10 % of the amount of tax involved
- 5 % of the amount of tax involved
- Rs 5000 or 3% of the tax involved, which ever is higher
- None
Explanation
Any person who fails to issue any invoice shall pay a penalty of Rs 5000 or 3% of the tax involved, which ever is higher
Related MCQs
MCQs will be added soon
