Section 122 - Penalty for certain offences.

Penalty for specified GST offences: fixed fine or tax-equivalent sanction, increased where fraud or aiding misconduct is found.

Specified breaches of the Uttar Pradesh GST attract a penalty equal to the higher of a prescribed fixed amount or the tax-related amount lost (including tax evaded, tax not deducted or collected, wrongly availed or distributed input tax credit, or fraudulently claimed refund). The provision lists numerous offences-false or missing invoices, collection without payment, misuse of input tax credit, fraudulent refunds, falsified records, failure to register or maintain records, obstruction, transporting goods without documents, suppression of turnover, and tampering with evidence-and prescribes enhanced penalties where fraud or wilful misstatement is involved, as well as separate higher penalties for aiding or dealing in confiscation-liable goods.