Invoice Not Found Penalties
According to budget 2021/2022 documents, the Finance Bill, 2021 proposed penalties for contravening invoices or packing list.
At present if any person contravenes the requirement of placement of invoice and packing list inside the import container or consignment than such person shall be liable to a penalty not exceeding Rs50,000.
However, the punishment proposed through Finance Bill, 2021 is:
such person shall be liable to a penalty as under:-
1st time Rs 100,000/-
2nd time Rs 500,000/-
3rd time Rs1,000,000/-
4th time outright confiscation of goods and blockage of WeBOC user ID for one year.
We request all our importers to take this notice seriously and place invoice and packing list on your cargo.