Question 5 - What will be considered as ‘repeated short payments’ for the purpose of levy of penalty - FAQ on GST dated 21.9.2016 based on Draft Model GST

Q 5. What will be considered as ‘repeated short payments’ for the purpose of levy of penalty?

Ans. Section 66(2) explains that three short payment in respect of three returns during any six consecutive tax periods shall be considered as repeated short payment for the purpose of levy of penalty.