News Topics

I made a default in filing the GST returns, and...

I made a default in filing the GST returns, and it’s too late to revise it now. However, there is...

I made a default in filing the GST returns, and it’s too late to revise it now. However, there is no separate penalty for my contraventions in the CGST act. Will I be liable to pay penalties on the amount?

0
Chiranjibi Chapagain Jul. 19, 2018

There is a section 125 in the CGST act which deals in all contraventions not otherwise covered by any other section of the act. The penalty can be up to Rs. 25,000/=.


So, you may be liable to pay penalties. However, a show cause notice will be sent to you before levying such penalty.

If you receive the notice, you need to pay the penalties.

I made a default in filing the GST returns, and it’s too late to revise it now. However, there is no separate penalty for my contraventions in the CGST act. Will I be liable to pay penalties on the amount?

Hi' there!

Would you like to receive a free callback in

Yes
×

Hi there!

Would you like to receive a free callback in

Yes
×

Hi newslogin!

Would you like to receive a free callback in

Yes
×

Hi newslogout!

Would you like to receive a free callback in

Yes
×

Hi querylogin!

Would you like to receive a free callback in

Yes
×

Hi querylogout!

Would you like to receive a free callback in

Yes
×