General Penalty / Residual Penalty [ Section 125 ]

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....les, 2002                                         General penalty Rule 15A CENVAT Credit Rules, 2004                                      General penalty Section 77 Finance Act, 1994....

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.... . Seeking waiver from penalty under section 125 1. Waives the amount of penalty payable by any registered person under section 125 for non-compliance of the provisions by Class of registered person required to issue invoice having Dynamic Quick Response (QR) code ( notification No.14/2020 - Central Tax, dated 21st March, 2020 ), between the period from the 1st....

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....nt has levied the general penalty of Rs. 25,000/- CGST and Rs. 25,000/- of SGST, totalling to Rs. 50,000/-.  • Final Decision:- This Court is of the view that the provision under Section 125 of the Act, apply only in the case where no penalty is levied under Section 47 of the Act. However, in this case, already late fee has been levied under&nbs....