Section 122 of CGST Act,2017 ??Penalty for?certain?offences
Section 122 of CGST Act,2017 from bare act : ?
(1) Where a taxable person who??
(i) supplies any goods or services or both without issue of any invoice or issues?an incorrect or false invoice with regard to any such supply;
(ii) issues any invoice or bill without supply of goods or services or both in?violation of the provisions of this Act or the rules made thereunder;
(iii) collects any amount as tax but fails to pay the same to the Government?beyond a period of three months from the date on which such payment becomes due;
(iv) collects any tax in contravention of the provisions of this Act but fails to pay?the same to the Government beyond a period of three months from the date on which?such payment becomes due;
(v) fails to deduct the tax in accordance with the provisions of sub-section (1) of?section 51, or deducts an amount which is less than the amount required to be deducted?under the said sub-section, or where he fails to pay to the Government under?sub-section (2) thereof, the amount deducted as tax;
(vi) fails to collect tax in accordance with the provisions of sub-section (1) of?section 52, or collects an amount which is less than the amount required to be collected?under the said sub-section or where he fails to pay to the Government the amount?collected as tax under sub-section (3) of section 52;
(vii) takes or utilizes input tax credit without actual receipt of goods or services?or both either fully or partially, in contravention of the provisions of this Act or the?rules made thereunder;
(viii) fraudulently obtains refund of tax under this Act;
(ix) takes or distributes input tax credit in contravention of section 20, or the?rules made thereunder;
(x) falsifies or substitutes financial records or produces fake accounts or?documents or furnishes any false information or return with an intention to evade?payment of tax due under this Act;
(xi) is liable to be registered under this Act but fails to obtain registration;
(xii) furnishes any false information with regard to registration particulars, either?at the time of applying for registration, or subsequently;
(xiii) obstructs or prevents any officer in discharge of his duties under this Act;
(xiv) transports any taxable goods without the cover of documents as may be?specified in this behalf;
(xv) suppresses his turnover leading to evasion of tax under this Act;
(xvi) fails to keep, maintain or retain books of account and other documents in?accordance with the provisions of this Act or the rules made thereunder;
(xvii) fails to furnish information or documents called for by an officer in?accordance with the provisions of this Act or the rules made thereunder or furnishes?false information or documents during any proceedings under this Act;
(xviii) supplies, transports or stores any goods which he has reasons to believe re liable to confiscation under this Act;
(xix) issues any invoice or document by using the registration number of another?registered person;
(xx) tampers with, or destroys any material evidence or document;
(xxi) disposes off or tampers with any goods that have been detained, seized, or?attached under this Act,
he shall be liable to pay a penalty of ten thousand rupees or an amount equivalent to the tax?evaded or the tax not deducted under section 51 or short deducted or deducted but not paid?to the Government or tax not collected under section 52 or short collected or collected but?not paid to the Government or input tax credit availed of or passed on or distributed irregularly,?or the refund claimed fraudulently, whichever is higher.
(2) Any registered person who supplies any goods or services or both on which any?tax has not been paid or short-paid or erroneously refunded, or where the input tax credit has?been wrongly availed or utilised,?
(a) for any reason, other than the reason of fraud or any willful misstatement or?suppression of facts to evade tax, shall be liable to a penalty of ten thousand rupees or?ten per cent. of the tax due from such person, whichever is higher;
(b) for reason of fraud or any willful misstatement or suppression of facts to?evade tax, shall be liable to a penalty equal to ten thousand rupees or the tax due from?such person, whichever is higher.
(3) Any person who??
(a) aids or abets any of the offences specified in clauses (i) to (xxi) of?sub-section (1);
(b) acquires possession of, or in any way concerns himself in transporting,?removing, depositing, keeping, concealing, supplying, or purchasing or in any other?manner deals with any goods which he knows or has reasons to believe are liable to?confiscation under this Act or the rules made thereunder;
(c) receives or is in any way concerned with the supply of, or in any other?manner deals with any supply of services which he knows or has reasons to believe?are in contravention of any provisions of this Act or the rules made thereunder;
(d) fails to appear before the officer of central tax, when issued with a summon?for appearance to give evidence or produce a document in an inquiry;
(e) fails to issue invoice in accordance with the provisions of this Act or the rules?made thereunder or fails to account for an invoice in his books of account,
shall be liable to a penalty which may extend to twenty-five thousand rupees.
OFFENCES AND PENALTIES
Chapter XIX of the CGST Act,2017 covers seventeen sections relating to OFFENCES AND PENALTIES??under GST. All these?sections from the CGST Act,2017 are available for your ready reference.
Section 122 😕Penalty for certain offences
Section 123 😕Penalty for failure to furnish information return
Section 124 :??Fine for failure to furnish statistics
Section 125 😕General Penalty
Section 126 😕General disciplines related to penalty
Section 127 😕Power to impose penalty in certain cases
Section 128 :??Power to waive penalty or fee or both
Section 129 😕Detention, seizure and release of goods and conveyances in transit
Section 130 😕Confiscation of goods or conveyances and levy of penalty
Section 131 😕Confiscation or penalty not to interfere with other punishments
Section 132 😕Punishment for certain offences
Section 133 😕Liability of?officers and?certain other persons
Section 134 😕Cognizance of?offences
Section 135 :??Presumption of culpable mental state
Section 136 😕Relevancy of?statements?under certain?circumstances
Section 137 😕Offences by companies
Section 138:?Compounding of offences
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