A person will pay an amount of Rs10.000 or five per cent of the amount in case of unauthorized issuance of sales tax invoice under Section 3, Section 7 and Section 23 of Sales Tax Act, 1990.
TheFederal Board of Revenue (FBR)issued theSales Tax Act, 1990updated up to June 30, 2021. The Act incorporated amendments brought throughFinance Act, 2021.
Following is the text of section 33(3) of theSales Tax Act, 1990:
33. Offences and penalties.– Whoever commits any offence shall, in addition to and not in derogation of any punishment to which he may be liable under any other law, be liable to the penalty mentioned against that offence: –
3. Any person whoun-authorizedly issues an invoice in which an amount of tax is specified. Such person shall paya penalty of ten thousand rupees or five per cent of the amount of the tax involved, whichever is higher.
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