Section 123 of GST – Penalty for failure to furnish information return

0

Section 123 of GST – Penalty for failure to furnish information return. In this GST Section you may find all details for Penalty for failure to furnish information return as per GST Act 2017Detailed Analysis of GST Section 123 of GST Act 2017. We Provide Complete Details for All GST Section’s and In this article you may find all details for GST Section 123Check Section Wise Analysis of GST Act 2017, Chapter Wise Analysis of GST All Sections. in this article you may find complete details regarding Section 123 of GST Act 2017 – Penalty for failure to furnish information return, gst all sections and definitionsNow Check more details from below…..

Section 123 of GST Act 2017

Section 123 of GST – Penalty for failure to furnish information return

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.

 

We have provided all the information of Section 123 of GST. We hope that our article will be helpful for you. YOu can check all the details of GST 2017 on our website.

 

Check Also:

Section 125 of GST

Section 29A of GST – Matching, reversal and reclaim of reduction in output tax liability

Section 122 of GST – Penalty for certain offences

 

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here