General penalty for unspecified contraventions under the GST framework imposes a capped monetary sanction as a residual enforcement tool. A statutory general penalty applies where a person contravenes any provision of the Act or rules made thereunder and no separate penalty is prescribed; ... Summary
General penalty for unspecified contraventions under the GST framework imposes a capped monetary sanction as a residual enforcement tool.
A statutory general penalty applies where a person contravenes any provision of the Act or rules made thereunder and no separate penalty is prescribed; the contravener is liable to a monetary penalty subject to the statute's prescribed upper limit as a residual enforcement measure.
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