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General Penalty / Residual Penalty Section 125 - GST Ready Reckoner - GST

Extract

..... General Penalty / Residual Penalty i.e. offences for which no other penalty is provided under this Act: As per Section 125 of the CGST Act, 2017, any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no .....

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General Penalty / Residual Penalty Section 125 - GST Ready Reckoner - GST

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..... esidual offences The residuary penalties as prescribed under service tax law and central excise law are up to 10,000/- and 5,000/ respectively. There is substantial increase in the maximum limit of penalty as prescribed under the GST Act.(25000) Hows .....

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General Penalty / Residual Penalty Section 125 - GST Ready Reckoner - GST

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