TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Manufacturers face 1 lakh penalty per unregistered machine under Section 122A, CGST Act 2017; seizure if unresolved in 3 days.</h1> Section 122A of the Central Goods and Services Tax Act, 2017, addresses penalties for failing to register certain machines used in manufacturing as per a special procedure. If a manufacturer contravenes the notified special procedure under section 148, 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 registration is completed within three days of receiving the penalty order. This provision was inserted by the Finance Act, 2024, effective from October 1, 2024.
TaxTMI 
TaxTMI 
