56A. Penalty for failure to upload the details of tax invoices

56A. Penalty for failure to upload the details of tax invoices

Where any registered VAT dealer, fails to upload deatils of tax invoices as prescribed, notwithstanding that the returned turnover are correct, is liable to pay a penalty at 5% of the total turnover covered by such invoices:

Provided that before levying penalty, the authority prescribed shall give the dealer a reasonable opportunity of being heard.