Failure to furnish required GST statistics triggers penal fines and escalating daily penalties for continuing non-compliance. Offence for failure to furnish statistics under GST: persons required by section 151 who without reasonable cause fail to furnish required information or ... Summary
Failure to furnish required GST statistics triggers penal fines and escalating daily penalties for continuing non-compliance.
Offence for failure to furnish statistics under GST: persons required by section 151 who without reasonable cause fail to furnish required information or returns, or who willfully furnish information known to be false, are liable to a fine up to ten thousand rupees and, for continuing offences, a further daily fine up to one hundred rupees per day after the first day, subject to a maximum of twenty-five thousand rupees.
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