General penalty for contravention: residual monetary sanction applies where no separate penalty is prescribed under the GST framework. General penalty provision authorises a monetary penalty where any person contravenes provisions of the Act or rules made thereunder and no separate ... Summary
General penalty for contravention: residual monetary sanction applies where no separate penalty is prescribed under the GST framework.
General penalty provision authorises a monetary penalty where any person contravenes provisions of the Act or rules made thereunder and no separate penalty is provided, creating a residual sanctioning mechanism for such unenumerated breaches under the GST framework.
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