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of <h1>Failure to File Information Return Under Section 150 of BGST Act May Result in Daily Penalty Up to 5,000.</h1> If an individual required to submit an information return under section 150 of the Bihar Goods and Services Tax Act, 2017, fails to do so within the specified period, a proper officer may impose a penalty. The penalty is one hundred rupees for each day the return is not furnished, with a maximum penalty limit of five thousand rupees.
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