Daily Archives: February 6, 2018

Section 130 of Punjab GST Act 2017 : Confiscation of goods or conveyances and levy of penalty.

By | February 6, 2018

Section 130 of Punjab GST Act 2017 ( Section 130 of Punjab GST Act 2017 explains Confiscation of goods or conveyances and levy of penalty and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )  Confiscation of goods or conveyances and levy of penalty. 130. (1) Notwithstanding anything contained in this Act, if any person – (i) supplies or… Read More »

Section 129 of Punjab GST Act 2017 : Detention seizure and release of goods and conveyances in transit.

By | February 6, 2018

Section 129 of Punjab GST Act 2017 ( Section 129 of Punjab GST Act 2017 explains Detention seizure and release of goods and conveyances in transit and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )  Detention seizure and release of goods and conveyances in transit. 129. (1) Notwithstanding anything contained in this Act, where any person transports any… Read More »

Section 128 of Punjab GST Act 2017 : Power to waive penalty or fee or both.

By | February 6, 2018

Section 128 of Punjab GST Act 2017 ( Section 128 of Punjab GST Act 2017 explains  Power to waive penalty or fee or both and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )   Power to waive penalty or fee or both. 128. The Government may, by notification, waive in part or full, any penalty referred to in section… Read More »

Section 127 of Punjab GST Act 2017 : Power to impose penalty in certain cases.

By | February 6, 2018

Section 127 of Punjab GST Act 2017 ( Section 127 of Punjab GST Act 2017 explains Power to impose penalty in certain cases and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )   Power to impose penalty in certain cases. 127. Where the proper officer is of the view that a person is liable to a penalty and the… Read More »

Section 126 of Punjab GST Act 2017 : General disciplines related to penalty.

By | February 6, 2018

Section 126 of Punjab GST Act 2017 ( Section 126 of Punjab GST Act 2017 explains General disciplines related to penalty and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )   General disciplines related to penalty. 126. (1) No officer under this Act shall impose any penalty for minor breaches of tax regulations or procedural requirements and in particular,… Read More »

Section 125 of Punjab GST Act 2017 : General penalty.

By | February 6, 2018

Section 125 of Punjab GST Act 2017 ( Section 125 of Punjab GST Act 2017 explains General penalty and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )   General penalty. 125. 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… Read More »

Section 124 of Punjab GST Act 2017 : Fine for failure to furnish statistics.

By | February 6, 2018

Section 124 of Punjab GST Act 2017 ( Section 124 of Punjab GST Act 2017 explains Fine for failure to furnish statistics and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )   Fine for failure to furnish statistics. 124. If any person required to furnish any information or return under section 151,— (a) without reasonable cause fails to furnish… Read More »

Section 123 of Punjab GST Act 2017 : Penalty for failure to furnish information return.

By | February 6, 2018

Section 123 of Punjab GST Act 2017 ( Section 123 of Punjab GST Act 2017 explains Penalty for failure to furnish information return and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )  Penalty for failure to furnish information return. 123. If a person who is required to furnish an information return under section 150 fails to do so… Read More »

Section 122 of Punjab GST Act 2017 : Penalty for certain offences.

By | February 6, 2018

Section 122 of Punjab GST Act 2017 ( Section 122 of Punjab GST Act 2017 explains Penalty for certain offences and is covered in  CHAPTER XIX OFFENCES AND PENALTIES )  Penalty for certain offences. 122. (1) Where a taxable person who— (i) supplies any goods or services or both without issue of any invoice or issues an incorrect or… Read More »