Visit by VAT officer to inspect the Books of accounts but no notice given - Professionals - GST - TIK Share
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Visit by VAT officer to inspect the Books of accounts but no notice given


Rahul Rai

2014-03-18

One of the client got a visit by a sales tax officer but no notice was summoned. The officer require the accountant to appear before him with books of accounts.

Client does not have books of account.

What he can do avoid any penalties or fine?

Don't get me wrong but its the situation in India........... How much bribe can should i offer on behlaf of client to officer to avoid any legal action and get the order passed?

Rahul Rai

2014-03-19

Some part of question might be wrong but discussion matters. Hi friends please share your thoghts.

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CA Sundeep Kamath

2014-03-19

At first, an Notice is required to be issued for reasoning out the production of books. The VAT Officer other than an officer entrusted task by an enforcement commissioner / directorate with no notice may require production of books, based on reasonable and facts on hand. However in most of the case , a show cause notice is issued before intitution of any inquiry relating to books of account.

 

An action of levy of tax or payment of tax or a abritration settlement, is void in eyes of law. The settlement issues if not through legal recourse are subject to re review by entrusted officers by passage of time or change in officer. Pls. mind before you approach.

 

Regards

 

S Kamath

Skamath@saasintellect.in

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