Central Goods and Service Tax Act, 2017
Fine for failure to furnish statistics (Sec. 124)
If any person required to furnish any information or return under section 151,—
- without reasonable cause fails to furnish such information or return as may be required under that section, or
- 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.
This section provides for a fine on any person who fails to furnish any information or return under section 151.