Tag Archives: #ComplianceFailure

What is gst non compliance?

GST Non Compliance

GST Non Compliance   GST Non Compliance, refers to the failure of a registered taxpayer to fulfil the requirements and obligations as prescribed by the Goods and Services Tax (GST) laws and regulations. Non-registration: Failing to register for GST when required by law, either due to not meeting the threshold for registration or intentionally avoiding… Read More »

Q220 Consequences: What are the consequences of not sending an e-invoice after selling products under the new Goods and Services Tax (GST) regime in India?

Consequences

Consequences Website Link Consequences: Failure to comply with the e-invoicing requirements under the new Goods and Services Tax (GST) regime in India can have several consequences: Penalty: Failure to comply with the e-invoicing requirements may lead to penalties, which can range up to Rs. 10,000 or 1% of the transaction value, whichever is higher. 10,000… Read More »