180.   Determine penalty.

(i)        An unregistered person having average turnover of more than Rs.70 lakhs did not get itself registered and did not maintain proper documents like invoice, sales book , accounts etc.

(ii)      A, registered person has obtained registration by providing fake agreement for the premises not actually owned by him.

As per section 122(1) penalty = Rs.10,000 or amount of tax evade whichever is higher. In addition registration is also liable to be cancelled.