Penalty for contraventions without prescribed penalty: default sanction under the Act allows imposition of a monetary penalty. Section 125 provides that any person who contravenes any provision of the CGST/SGST Act or the rules made under the Act for which no separate penalty has ... Summary
Penalty for contraventions without prescribed penalty: default sanction under the Act allows imposition of a monetary penalty.
Section 125 provides that any person who contravenes any provision of the CGST/SGST Act or the rules made under the Act for which no separate penalty has been prescribed shall be punishable with a penalty that may extend to Rs. 25,000.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
