penalty

Penalty 100% of tax due or Rs. 10,000

   -whichever is higher

Originally posted by : Ajikumar Christudas
	penalty for not issuing invoices (pls. specify cgst and sgst)

 

Penalty Rs. 25k (CGST + SGST )

An offender has to pay a penalty amount of tax evaded/short deducted etc., i.e., 100% penalty, subject to a minimum of Rs. 10,000.

If a person fails to furnish statistics or willfully furnishes false statistics, the following penalties apply:
 

First-time offense – 10,000 rupees

Continuing offense – 10,000 rupees plus 100 rupees per day (from the second day), subject to maximum of 25,000 rupees [Sec 124]

A penalty of up to 25,000 rupees applies to any offense of the GST law that lacks a specifically prescribed penalty [Sec 125].