Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>New Section 122A in CGST Act: Penalties and Seizure for Unregistered Manufacturing Machines Under Special Procedure (Section 148).</h1> A new section 122A is introduced in the Central Goods and Services Tax Act, imposing penalties for failing to register machines used in manufacturing goods as per a special procedure under section 148. If a person contravenes this procedure, they must pay a penalty of one lakh rupees per unregistered machine. Additionally, unregistered machines are subject to seizure and confiscation unless the penalty is paid and the machine is registered within three days of receiving the penalty order.