PGST Act 123Chapter XIX · Offences and Penalties
Section 123 · Penalty for failure to furnish information return
Text size — level 1 of 4
- 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.
Your private note on this section
Only you can see this note.