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Punjab Sales Tax on Services Act, 2012 QUESTION #2563
Question 1
According to the Offences and Penalties Schedule, if a registered person fails or refuses to issue a tax invoice and commits THREE acts of such default, the additional consequence is:
  • Cancellation of registration
  • Business premises shall be liable to be sealed for a period which may extend to one month✔️
  • Compulsory audit for three years
  • Personal liability for all tax due
Correct Answer Explanation
Entry No. 17 provides that in case of three acts of such default (failure to issue tax invoice), in addition to the monetary penalty, the business premises shall be liable to be sealed for a period which may extend to one month.