- Penalty for non-issuance of invoice: 100% of the tax due or INR 10,000 (whichever is higher) will be imposed for each instance of non-compliance.
- Penalty for incorrect invoice: INR.25,000 will be imposed as e invoice penalty notification here.
- In case the goods are transported without a valid invoice, the department may detain the goods and the vehicle. Penalty may be imposed here.
- E-Way Bill (EWB) generation will not be possible without a valid IRN. This may impose further penalties (related to EWBs).
Source: mastersindia.co
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