News
Taxmen slap big penalty to check evasion of GST
- Date:
- September 28, 2017
- Source:
- Economic times
A fine of 100,000 per cent is something few people would have heard of, or even thought about. A trader in Andhra Pradesh was recently asked to cough up more than that for not paying the goods and service tax. In a show cause notice, an Andhra Pradesh tax officer has asked the said trader to pay Rs 20,000 in fines after he omitted Rs 15 GST in a bill. “It’s clearly established that you wilfully vi…