Section 123 of GST – Penalty for failure to furnish information return
Section 123 of GST – Penalty for failure to furnish information return. In this GST Section you may find all details for Penalty for failure.||Section 123 of GST – Penalty for failure to furnish information return. In this GST Section you may find all details for Penalty for failure.||Section 123 of GST – Penalty for failure to furnish information return. In this GST Section you may find all details for Penalty for failure.||Section 123 of GST – Penalty for failure to furnish information return. In this GST Section you may find all details for Penalty for failure.||Section 123 of GST – Penalty for failure to furnish information return. In this GST Section you may find all details for Penalty for failure.||Section 123 of GST – Penalty for failure to furnish information return. In this GST Section you may find all details for Penalty for failure.

Section 123 of GST – Penalty for failure to furnish information return
Statutory provision If a person who is required to furnish an information return under section 150 fails to do so within the period specified in the notice issued under sub-section (3) thereof, the proper officer may direct that such person shall be liable to pay a penalty of one hundred rupees for each day of the period during which the failure to furnish such return continues: Provided that the penalty imposed under this section shall not exceed five thousand rupees. Related provisions of the Statute:Section | Description |
Section 150 | Obligation to furnish information return |
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