General penalty for unspecified GST contraventions may be imposed where the statute does not prescribe a separate penalty. Section 125 provides a general penalty making any person who contravenes any provision of the Act or rules for which no separate penalty is provided ... Summary
General penalty for unspecified GST contraventions may be imposed where the statute does not prescribe a separate penalty.
Section 125 provides a general penalty making any person who contravenes any provision of the Act or rules for which no separate penalty is provided liable to a monetary penalty, functioning as a residual sanction to secure compliance where the statute is otherwise silent on penal consequences.
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