GST Penalty and Offences : Free Study Material
Here is the free study material on GST Penalty and Offences
Compounding and prosecution under GST
How GST Penalty has to be paid
Refer following sections for payment of Penalty under GST
Relevant Sections of CGST Act 2017
Penalty related Sections are covered in CHAPTER XIX “OFFENCES AND PENALTIES ” of CGST Act 2017
Section 122. Penalty for certain offences.
Section 123. Penalty for failure to furnish information return.
Section 124. Fine for failure to furnish statistics.
Section 125. General penalty.
Section 126. General disciplines related to penalty.
Section 127. Power to impose penalty in certain cases.
Section 128. Power to waive penalty or fee or both.
Section 129. Detention, seizure and release of goods and conveyances in transit.
Section 130. Confiscation of goods or conveyances and levy of penalty.
Section 131. Confiscation or penalty not to interfere with other punishments.
Section 132. Punishment for certain offences.
Section 133. Liability of officers and certain other persons.
Section 134. Cognizance of offences.
Section 135. Presumption of culpable mental state.
Section 136. Relevancy of statements under certain circumstances.
Section 137. Offences by companies.
Section 138. Compounding of offences.
Relevant Rules of CGST Rules 2017 on Penalty under GST
Refer Following Rules covered in CHAPTER X REFUND of CGST Rules 2017