General penalty under GST: contraventions lacking a specific sanction attract a prescribed maximum monetary penalty. General penalty under the Karnataka Goods and Services Tax framework prescribes that any person who contravenes a provision of the Act or rules made ... Summary
General penalty under GST: contraventions lacking a specific sanction attract a prescribed maximum monetary penalty.
General penalty under the Karnataka Goods and Services Tax framework prescribes that any person who contravenes a provision of the Act or rules made thereunder for which no separate penalty is provided becomes liable to a monetary penalty, operating as a residual sanction to address breaches not otherwise penalised.
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