What is Penalty for not filing Form 3CEB?
Nexa Consultancy | Startup & Finance Glossary
Failure to file the transfer pricing report (Form 3CEB) by the due date can attract a hefty penalty of up to 2% of the value of each international transaction, in addition to penalties for not maintaining proper documentation.
Startup Example: A startup fails to file Form 3CEB for international transactions worth ₹5 Crore. It could face a penalty of up to ₹10 Lakhs.
Timely and accurate filing is critical, a core part of our compliance retainers.