Section 124 Bihar GST Act 2017
[ Section 124 of Bihar 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 section151,—
| (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.
Read Complete Bihar GST Act 2017
Related Topic on GST
| Topic | Click Link |
| GST Acts | Central GST Act and States GST Acts |
| GST Rules | GST Rules |
| GST Rates | GST Rates |
| GST Notifications | GST Act Notifications |
| GST Circulars | Central Tax Circulars / Orders |
| GST Press Release | GST Press Release |
| GST Books | Best Books on GST in India |
| GST Commentary | Topic wise Commentary on GST Act of India |
| GST You Tube Channel | TaxHeal You Tube Channel |
| GST Online Course | Join GST online Course |
| GST History | GST History and Background Material |