PENALTY FOR NON DISPLAY OF GST NUMBER ON BOARD
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Despite repeated Government instructions, most of the GST registered persons have not installed display boards to show their Goods and Services Tax Identification Number (GSTIN).
The traders are required to display their GSTINs and registration certificates on their premises to make it easy for the authorities concerned to ascertain if they are registered.
Similarly, composition dealers are supposed to mention along with the registration certificate that they are not entitled to collect tax from taxpayers.
The GSTIN is a 15-digit number which taxpayers get after registering themselves with the GST network portal.
It has been learnt that the Chandigarh and Punjab GST Department is conducting raids to check if the GSTIN number has been displayed on signboards, he said.
As per norms, notice can be issued if the GSTIN number is not mentioned on the signboard on the front door of the business premises. CGST Act’s under Section 125 has a provision of levying penalty up to Rs 25,000.
For any queries/clarification you may contact
Bharat Poplani
B.Com, FCA, LLB
+91-9646380245