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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Section 122 of Karnataka GST Act: Penalties for False Invoices, Tax Evasion, and Non-Compliance. Fines Up to 25,000.</h1> Section 122 of the Karnataka Goods and Services Tax Act, 2017 outlines penalties for various offenses related to the supply and taxation of goods and services. Offenses include issuing false invoices, failing to pay collected taxes, fraudulent tax refund claims, and obstructing tax officers. Penalties range from a minimum of ten thousand rupees to an amount equivalent to the tax evaded or improperly handled. For offenses involving fraud or willful misstatement, penalties can equal the tax due. Additionally, aiding in these offenses or failing to comply with procedural requirements can result in penalties up to twenty-five thousand rupees.
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