Section 124 of GST – Fine for failure to furnish statistics. In this GST Section you may find all details for Fine for failure to furnish statistics as per GST Act 2017. Detailed Analysis of GST Section 124 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 124. Check Section Wise Analysis of GST Act 2017, Chapter Wise Analysis of GST All Sections. in this article you may find complete details regarding Section 124 of GST Act 2017 – Fine for failure to furnish statistics, gst all sections and definitions. Now Check more details from below…..
Section 124 of GST – Fine for failure to furnish statistics
If any person required to furnish any information or return under section 151,—
(a) without reasonable cause fails to furnish such information or return as may be required under that section, or
(b) wilfully furnishes or causes to furnish any information or return which he knows to be false,
he shall be punishable with a fine which may extend to ten thousand rupees and in case of a continuing offence to a further fine which may extend to one hundred rupees for each day after the first day during which the offence continues subject to a maximum limit of twenty five thousand rupees.
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