Is any penalty prescribed for any person other than the taxable person?


Ans. Yes. Section 66(3) provides for levy of penalty extending to Rs.25,000/- for any person who-

• aids or abets any of the 21 offences,

• deals in any way (whether receiving, supplying, storing or transporting) with goods that are liable to confiscation,

• receives  or  deals  with  supply  of  services     in contravention of the Act,

• fails  to  appear  before  an  authority  who  has issued a summon,

• fails to issue any invoice for a supply or account for any invoice required to be issued under law.


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