Chapter XIX (Sections 122-138) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to offences and penalties. Section 125 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides for General penalty under CGST Act 2017.
Recently, we have discussed in detail section 124 (i.e. Fine for failure to furnish statistics) of CGST Act 2017. Today, we learn the provisions of section 125 of the CGST Act 2017. Complete Details of CGST Section 125 – General penalty. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Notes on Section 125 of CGST Act 2017
Section 125 of CGST Act 2017 shall come into force on 01.07.2017 vide Notification No. 9/2017 – Central Tax, G.S.R. 658(E), dated 28.06.2017. In this note, you will learn detail of the provisions of section 125 of CGST Act 2017 read with Central GST Rules 2017.
Any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no penalty is separately provided for in this Act, shall be liable to a penalty which may extend to twenty-five thousand rupees.