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of <h1>Finance Bill 2023: New Penalties for E-Commerce Operators Under CGST Section 122(1B) for Non-Compliance with Tax Rules.</h1> Clause 138 of the Finance Bill, 2023, amends section 122 of the Central Goods and Services Tax Act by adding sub-section (1B). This provision imposes penalties on electronic commerce operators who allow supplies by unregistered persons, permit ineligible inter-State supplies, or fail to provide accurate details of exempted supplies. The penalty is the greater of ten thousand rupees or the tax amount applicable if the supply had been made by a registered person not under section 10. This aims to enforce compliance among e-commerce operators regarding tax regulations for unregistered and composition taxpayers.
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