There are 3 major repercussions of having an inoperative PAN card. First, during the time your PAN remains inoperative, your TDS (tax deducted at source) and TCS (tax collected at source) will be processed at a rate higher than the general slab. Moreover, if any tax refund is due to you, its payment will not be made, along with non-payment of interest amount, if any, on such refund.
