TMI BlogPenalty for contravention of rules and provisions of Act for which no penalty is specified elsewhereX X X X Extracts X X X X X X X X Extracts X X X X ..... gistration in accordance with the provisions of section 69 or rules made under this Chapter shall be liable to a penalty which may extend to ten thousand rupees; ] (b) who fails to keep, maintain or retain books of account and other documents as required in accordance with the provisions of this Chapter or the rules made thereunder, shall be liable to a penalty which may extend to 2[ten thousand ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tronically, shall be liable to a penalty which may extend to 2[ten thousand rupees]; (e) who issues invoice in accordance with the provisions of the Act or rules made thereunder, with incorrect or incomplete details or fails to account for an invoice in his books of account, shall be liable to a penalty which may extend to 2[ten thousand rupees]. (2) Any person, who contravenes any of the provi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r to substitution it was read as under: "77. Penalty for contravention of any provision for which no penalty is providedWhoever contravenes any of the provisions of this Chapter or any rule made thereunder for which no penalty is separately provided in this Chapter, shall be liable to a penalty which may extend to an amount not exceeding one thousand rupees." 2. Substituted vide Finan ..... X X X X Extracts X X X X X X X X Extracts X X X X
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