(a) fails to comply with the provisions of sub-section (2) of section 22 of this Act; or
(b) fails to surrender his certificate of registration as provided in sub-section (7) of section 22 of this Act, the registered dealer shall be liable to pay, by way of penalty, a sum equal to one [thousand] rupees for every day of default subject to a maximum of [twenty five] thousand rupees.
(a) has applied for registration under sub-section (4) of section 18 of this Act; (b) has been registered, and either-
(i) has failed to undertake activities which would make the person a dealer within the period specified in his application; or
(ii) has failed to comply with any of the restrictions or conditions subject to which such registration was granted, the person shall be liable to pay a penalty of ten thousand rupees.
(a) fails to furnish any return by the due date; or
(b) fails to furnish with a return any other document that is required to be furnished with the return; or
(c) being required to revise a return already furnished, fails to furnish the revised return by the due date, or
(d) fails to comply with a requirement in a notification issue under section 70;
(a) furnishes a return under this Act which is false, misleading or deceptive in a material particular; or
(b) omits from a return furnished under this Act any matter or thing without which the return is false, misleading or deceptive in a material particular, shall be liable to pay, by way of penalty, a sum of ten thousand rupees or the amount of the tax deficiency, whichever is the greater.
(a) has claimed tax credit under section 14 of this Act to which he is not entitled; or
(b) has claimed a greater tax credit under section 14 than is allowed, shall be liable to pay, by way of penalty, an amount equal to the amount of tax credit so claimed or ten thousand rupees, whichever is the greater.
(a) prepare records or accounts; or
(b) prepare records or accounts in a prescribed manner; or
[(c) retain prescribed or notified records or accounts;
(i) fails to prepare the prescribed or notified records and accounts; or
(ii) fails to prepare prescribed or notified records and accounts in the prescribed manner; or
(iii) fails to retain the prescribed or notified records and accounts for the prescribed period; or
(iv) fails to retain and/or produce the prescribed or notified records at the principal place of business as recorded in his certificate of registration; or
(v) fails to comply with the direction issued or fails to produce prescribed or notified records and accounts, or cause them to be produced, on or before the date specified in any notice served on him by the Commissioner or by an accountant or a panel of accountant or any other professional or panel of professionals nominated by the Commissioner in this behalf under sub-section (1) of section 58A;
(a) has issued a tax invoice or retail invoice with incomplete or incorrect particulars; or
(b) having issued a tax invoice or retail invoice, has failed to account it correctly in his books of account, the person shall be liable to pay, by way of penalty, an amount of five thousand rupees or twenty percent of the tax deficiency, if any, whichever is greater.
(a) makes a statement to the Commissioner which is false, misleading or deceptive in a material particular; or
(b) omits from a statement made to the Commissioner any matter or thing without which the statement is false, misleading or deceptive in a material particular,
(a) fails to furnish any return by the due date; or
(b) fails to furnish with a return any other document that is required to be furnished with the return, the person shall be liable to pay, by way of penalty, a sum of one thousand rupees per day from the day immediately following the due date until the failure is rectified:
(a) to furnish any information in respect of the goods brought or kept in stock or sold by any participant before or during or after the exhibition-cum-sale; or
(b) to ensure that all such participants in the exhibition-cum-sale have obtained registration under this Act and paid due tax; or
(c) to permit inspection of the business premises or goods or account and records of the participants; or
(d) to permit inspection of the accounts and records of the organizer in respect of the exhibition-cum-sale, such person shall be liable to pay, by way of penalty, a sum equal to fifty thousand rupees or a sum equal to the amount of tax payable on such goods if such goods were sold in Delhi, whichever is greater.]
Section 86 • The Delhi Value Added Tax Act, 2004
86. Penalties.
the-delhi-value-added-tax-act-2004-sec-86.json
•
Section 86
{
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"number": "86",
"title": "86. Penalties.",
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"content": "(a) fails to comply with the provisions of sub-section (2) of section 22 of this Act; or\n(b) fails to surrender his certificate of registration as provided in sub-section (7) of section 22 of this Act, the registered dealer shall be liable to pay, by way of penalty, a sum equal to one [thousand] rupees for every day of default subject to a maximum of [twenty five] thousand rupees.\n(a) has applied for registration under sub-section (4) of section 18 of this Act; (b) has been registered, and either-\n(i) has failed to undertake activities which would make the person a dealer within the period specified in his application; or\n(ii) has failed to comply with any of the restrictions or conditions subject to which such registration was granted, the person shall be liable to pay a penalty of ten thousand rupees.\n(a) fails to furnish any return by the due date; or\n(b) fails to furnish with a return any other document that is required to be furnished with the return; or\n(c) being required to revise a return already furnished, fails to furnish the revised return by the due date, or\n(d) fails to comply with a requirement in a notification issue under section 70;\n(a) furnishes a return under this Act which is false, misleading or deceptive in a material particular; or\n(b) omits from a return furnished under this Act any matter or thing without which the return is false, misleading or deceptive in a material particular, shall be liable to pay, by way of penalty, a sum of ten thousand rupees or the amount of the tax deficiency, whichever is the greater.\n(a) has claimed tax credit under section 14 of this Act to which he is not entitled; or\n(b) has claimed a greater tax credit under section 14 than is allowed, shall be liable to pay, by way of penalty, an amount equal to the amount of tax credit so claimed or ten thousand rupees, whichever is the greater.\n(a) prepare records or accounts; or\n(b) prepare records or accounts in a prescribed manner; or\n[(c) retain prescribed or notified records or accounts;\n(i) fails to prepare the prescribed or notified records and accounts; or\n(ii) fails to prepare prescribed or notified records and accounts in the prescribed manner; or\n(iii) fails to retain the prescribed or notified records and accounts for the prescribed period; or\n(iv) fails to retain and/or produce the prescribed or notified records at the principal place of business as recorded in his certificate of registration; or\n(v) fails to comply with the direction issued or fails to produce prescribed or notified records and accounts, or cause them to be produced, on or before the date specified in any notice served on him by the Commissioner or by an accountant or a panel of accountant or any other professional or panel of professionals nominated by the Commissioner in this behalf under sub-section (1) of section 58A;\n(a) has issued a tax invoice or retail invoice with incomplete or incorrect particulars; or\n(b) having issued a tax invoice or retail invoice, has failed to account it correctly in his books of account, the person shall be liable to pay, by way of penalty, an amount of five thousand rupees or twenty percent of the tax deficiency, if any, whichever is greater.\n(a) makes a statement to the Commissioner which is false, misleading or deceptive in a material particular; or\n(b) omits from a statement made to the Commissioner any matter or thing without which the statement is false, misleading or deceptive in a material particular,\n(a) fails to furnish any return by the due date; or\n(b) fails to furnish with a return any other document that is required to be furnished with the return, the person shall be liable to pay, by way of penalty, a sum of one thousand rupees per day from the day immediately following the due date until the failure is rectified:\n(a) to furnish any information in respect of the goods brought or kept in stock or sold by any participant before or during or after the exhibition-cum-sale; or\n(b) to ensure that all such participants in the exhibition-cum-sale have obtained registration under this Act and paid due tax; or\n(c) to permit inspection of the business premises or goods or account and records of the participants; or\n(d) to permit inspection of the accounts and records of the organizer in respect of the exhibition-cum-sale, such person shall be liable to pay, by way of penalty, a sum equal to fifty thousand rupees or a sum equal to the amount of tax payable on such goods if such goods were sold in Delhi, whichever is greater.]",
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