Penalty under section 271G imposes a proportional levy on the value of international or specified domestic transactions for each failure. Penalty under section 271G imposes a levy equal to two percent of the value of the relevant international transaction or specified domestic transaction ... Summary
Penalty under section 271G imposes a proportional levy on the value of international or specified domestic transactions for each failure.
Penalty under section 271G imposes a levy equal to two percent of the value of the relevant international transaction or specified domestic transaction for each instance of failure to comply or report.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.