Failure to furnish required GST information triggers monetary penalties and continuing daily fines for ongoing non-compliance. Persons required to furnish information or returns under the specified provision who, without reasonable cause, fail to furnish them, or who wilfully ... Summary
Failure to furnish required GST information triggers monetary penalties and continuing daily fines for ongoing non-compliance.
Persons required to furnish information or returns under the specified provision who, without reasonable cause, fail to furnish them, or who wilfully furnish information or returns known to be false, are punishable by a monetary fine comprising an initial penalty and an additional daily fine for each day the offence continues, subject to a maximum aggregate limit.
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