Penalty for failure to furnish information return continues daily until compliance under the customs information reporting framework. Penalty is prescribed for failure to furnish an information return required under section 108A. Where the person obliged to furnish the information does not do so within the period specified in the notice issued under sub-section (3), the proper officer may direct payment of a penalty calculated at one hundred rupees for each day during which the failure continues. The provision operates as a continuing daily penalty mechanism tied to non-compliance with the notice period.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Penalty for failure to furnish information return continues daily until compliance under the customs information reporting framework.
Penalty is prescribed for failure to furnish an information return required under section 108A. Where the person obliged to furnish the information does not do so within the period specified in the notice issued under sub-section (3), the proper officer may direct payment of a penalty calculated at one hundred rupees for each day during which the failure continues. The provision operates as a continuing daily penalty mechanism tied to non-compliance with the notice period.
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