Plz peruse the following:
Power to impose penalty in certain cases.
127. Where the proper officer is of the view that a person is liable to a penalty and the same is not covered under any proceedings under section 62 or section 63 or section 64 or section 73 or section 74 1[or section 74A] or section 129 or section 130, he may issue an order levying such penalty after giving a reasonable opportunity of being heard to such person.
Query:
What is amount of penalty leviable under Section 127? And what are the specific certain cases to invoke this section?
Plz elaborate.
Debate on GST Act's Section 127: Ambiguity in Penalty Imposition Raises Concerns of Potential Misuse by Officers. The discussion revolves around the ambiguity of Section 127 of the GST Act concerning the imposition of penalties. Participants express concerns over the lack of clarity regarding the quantum and specific cases for penalties under this section. One participant argues that officers are exploiting this vagueness to impose penalties equivalent to the tax amount, which could lead to misuse. Suggestions include specifying the penalty amount, similar to the Central Excise Act, and notifying authorities to address this issue. Another participant discusses penalties under Section 74, highlighting the conditions for reduced penalties if dues are paid within a specified timeframe. (AI Summary)
TaxTMI 
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