If an input service distributor fails to obtain registration under section 77(1)(a) of the Finance Act, 1994, he would be liable to penalty upto —

CS Executive · Tax Laws and Practice · PYQS · December 2016
If an input service distributor fails to obtain registration under section 77(1)(a) of the Finance Act, 1994, he would be liable to penalty upto —
(A) ₹5,000
(B) ₹10,000
(C) ₹20,000
(D) ₹50,000.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Service Tax

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