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<h1>Failure to furnish required GST information attracts penalty, and wilfully false returns incur fines with daily continuing penalties.</h1> Section 124 creates offences for failure to furnish information or returns without reasonable cause and for wilfully furnishing information or returns known to be false, and prescribes an initial monetary penalty plus a further daily continuing fine for each day the offence continues, subject to an overall maximum limit on aggregate fines.