https://www.taxtmi.com/acts?id=30292 Section 122 imposes monetary penalties for specified GST contraventions including issuance of false or fictitious invoices, billing without supply, non-remittance of collected tax beyond three months, failure to deduct or collect tax as required, wrongful availment or distribution of input tax credit, fraudulent refund claims, falsification of records, failure to register or maintain books, suppression of turnover, obstruction of officers, transport without required documents, and tampering with detained goods. Penalties are the higher of a baseline sum or amounts tied to the tax evaded or improperly dealt with; higher sanctions apply for fraud or wilful misstatement, and aiding, abetting or dealing in prohibited goods can attract enhanced penalties. en-us Mon, 10 Jul 2017 11:01:56 +0530 Tue, 18 Jul 2017 15:53:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30292 Section 122 imposes monetary penalties for specified GST contraventions including issuance of false or fictitious invoices, billing without supply, non-remittance of collected tax beyond three months, failure to deduct or collect tax as required, wrongful availment or distribution of input tax credit, fraudulent refund claims, falsification of records, failure to register or maintain books, suppression of turnover, obstruction of officers, transport without required documents, and tampering with detained goods. Penalties are the higher of a baseline sum or amounts tied to the tax evaded or improperly dealt with; higher sanctions apply for fraud or wilful misstatement, and aiding, abetting or dealing in prohibited goods can attract enhanced penalties. Act-Rules GST - States Mon, 10 Jul 2017 11:01:56 +0530 https://www.taxtmi.com/acts?id=30292