Is there any penalty prescribed for a person other than the taxable person under section 122?

Solution:

Yes, section 122(3) provides for levy of penalty extending to ` 25,000/- for any person who-

1. aids or abets any of the 21 offences specified in section 122(1),
2. deals in any way (whether transporting, removing, depositing, keeping, concealing, supplying or purchasing or in any other manner) with goods that are liable to confiscation,
3. receives or deals with supply of services in contravention of the Act,
4. fails to appear before an authority who has issued a summon,
5. fails to issue any invoice for a supply or account for any invoice in his books of accounts.