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of <h1>Penalties for Non-Compliance Under Assam GST Act Section 124: Fines for Missing or False Statistics, Up to 25,000.</h1> Section 124 of the Assam Goods and Services Tax Act, 2017, addresses penalties for failing to furnish required statistics. If a person, without reasonable cause, fails to provide necessary information or returns under Section 151, or knowingly submits false information, they face a fine up to ten thousand rupees. For ongoing offences, an additional fine of up to one hundred rupees per day may be imposed, with a maximum limit of twenty-five thousand rupees.
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