turnover above 2cr still he didn't file GSTR-9 if not file GSTR-9, then what will happened? what will he get penalty and punishment etc & etc? can any one give full details pls
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Quick Summary
This discussion addresses the penalties for businesses with a turnover exceeding £2 crore who have failed to file their GSTR-9. It clarifies that non-filing can result in a general penalty under Section 125 of the CGST Act, amounting to £50,000 (£25,000 CGST + £25,000 SGST).