Failure to furnish information triggers penal fine and continuing daily penalty under GST compliance provisions.

A person required to furnish information or a return under section 151 who, without reasonable cause, fails to furnish such information or return, or wilfully furnishes or causes to furnish any information or return which he knows to be false, shall be punishable with a fine which may extend to ten thousand rupees and, in case of a continuing offence, a further fine for each day after the first day during which the offence continues subject to a maximum limit of twenty five thousand rupees.

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