Penalty for not mentioning or wrongly mentioning HSN/SAC code on Invoice or GSTR-1 is:

CS Executive · Tax Laws · PYQS · December 2024
Penalty for not mentioning or wrongly mentioning HSN/SAC code on Invoice or GSTR-1 is:
(A) CGST ₹15,000 Plus SGST ₹15,000
(B) CGST ₹25,000 Plus SGST ₹25,000
(C) CGST ₹10,000 Plus SGST ₹10,000
(D) CGST ₹5,000 Plus SGST ₹5,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: GST

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