Section 122
Penalty for certain offences
In force
Section 122. Penalty for certain offences.
(1) Where a taxable person supplies any goods or services without issue of any invoice; or issues an incorrect or false invoice; or collects any amount as tax but fails to pay the same to the Government; shall be liable to a penalty of ten thousand rupees or an amount equivalent to the tax evaded, whichever is higher.
Sources & verification
- • Statutory text: View source
- • CBIC reference: cbic-gst.gov.in/sec-122.html
- Source confidence: Pending verification
Quick facts
- Section
- 122
- Chapter
- XIX
- Amendments
- 0
- Notifications
- 0
- Circulars
- 0
- Case laws
- 0
- Linked rules
- 0