Failure to furnish required GST information attracts a monetary penalty and a continuing daily fine until compliance. Persons required to furnish information or returns under section 151 who, without reasonable cause, fail to furnish such information or who willfully ... Summary
Failure to furnish required GST information attracts a monetary penalty and a continuing daily fine until compliance.
Persons required to furnish information or returns under section 151 who, without reasonable cause, fail to furnish such information or who willfully furnish information or returns known to be false, are punishable by a monetary fine and, for continuing offences, an additional daily fine after the first day subject to a maximum aggregate limit.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.