Frequently Asked Questions
What are the Information to be provided by ECOs?
i. A senior tax authority (Joint commissioner & above) may seek information from an ECO relating to:
a. Supplies of goods/services effected though him during any period
b. Stock of goods held by those suppliers, who has declared godown/ warehouse of ECO as additional place of business, in the godowns/ warehouse of ECOs
ii. ECO to provide such info in 15 days of the service of notice
iii. Failure in providing the information will result in penalty upto Rs.25000