Section 124 Madhya Pradesh GST Act 2017
( Section 124 Madhya Pradesh GST Act 2017 explains Fine for failure to furnish statistics and is covered in CHAPTER XIX : OFFENCES AND PENALTIES )
Fine for failure to furnish statistics.
124 . 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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