Do you know – Quoting “CIN” in Tax Invoices is must under the Companies Act- 2013

Quoting "CIN" in Tax Invoices is must under the Companies Act- 2013




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Quoting “CIN” in Tax Invoices is must under the Companies Act – 2013

Section 12(3)(c) of Companies Act 2013, which is effective from 01-04-2014, provides that every company shall get its name, address of its registered office and the Corporate Identity Number along with telephone number, fax number, if any, e-mail and website addresses, if any, printed in all its business letters, billheads, letter papers and in all its notices and other official publications.

If any default is made in complying with the requirements of the Section, the Company and every officer who is in default shall be liable to a penalty of 1,000/- for every day during which the default continues (Penalty was Rs. 500/- per day under erstwhile Companies Act,1956) but not exceeding Rs,1,00,000/-.

Effective since 2014, once need to check whether all its Tax Invoices carries the CIN (Pre & Post GST).

It may be noted that the ROC is planning to take strict action against all the companies where complains are reveived by it not complying with the provisions in true spirit

There are lot many companies who are ignorant of the provisions & unintentionally violating the provisions. Needless to say, communication with Tax officers – GST/ Income Tax should also carry the required details.

Section 12(3)(c) of Companies Act 2013, which is effective from 01-04-2014, provides that every company shall get its name, address of its registered office and the Corporate Identity Number along with telephone number, fax number, if any, e-mail and website addresses, if any, printed in all its business letters, billheads, letter papers and in all its notices and other official publications.

If any default is made in complying with the requirements of the Section, the Company and every officer who is in default shall be liable to a penalty of 1,000/- for every day during which the default continues (Penalty was Rs. 500/- per day under erstwhile Companies Act,1956) but not exceeding Rs,1,00,000/-.

Effective since 2014, once need to check whether all its Tax Invoices carries the CIN (Pre & Post GST).

It may be noted that the ROC is planning to take strict action against all the companies where complains are reveived by it not complying with the provisions in true spirit

There are lot many companies who are ignorant of the provisions & unintentionally violating the provisions. Needless to say, communication with Tax officers – GST/ Income Tax should also carry the required details.


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