Section 124 of GST – Fine for failure to furnish statistics

We Provide Complete Details for All GST Section’s and In this article you may find all details for GST Section 124Check Section Wise Analysis of GST Act 2017, Chapter Wise Analysis of GST All Sections. in this article you may find complete details regarding Section 124 of GST Act 2017 – Fine for failure to furnish statistics, gst all sections and definitionsNow Check more details from below…

Section 124

If any person required to furnish any information or return under section 151,—

(a) without reasonable cause fails to furnish such information or return as may be required under that section, or

(b) wilfully furnishes or causes to furnish any information or return which he knows to be false,

he shall be punishable with a fine which may extend to ten thousand rupees and in case of a continuing offence to a further fine which may extend to one hundred rupees for each day after the first day during which the offence continues subject to a maximum limit of twentyfive thousand rupees.

2019-06-09T01:48:43+05:30GST Act|