Failure to furnish required GST statistics exposes person to fines and continuing daily penalties under the Act. Where a person without reasonable cause fails to furnish information or return required under section 151, or wilfully furnishes information known to be ... Summary
Failure to furnish required GST statistics exposes person to fines and continuing daily penalties under the Act.
Where a person without reasonable cause fails to furnish information or return required under section 151, or wilfully furnishes information known to be false, the statute prescribes a fine which may extend to ten thousand rupees and, for a continuing offence, an additional daily fine after the first day subject to an overall maximum limit.
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