Imposition of General Penalty Exceeding Statutory Cap Under Section 125 Is Illegal and Quashed
Imposition of General Penalty Exceeding Statutory Cap Under Section 125 Is Illegal and Quashed Issue Whether the imposition of a general penalty of ₹50,000 under Section 125 of the U.P. GST Act is legally sustainable when it exceeds the maximum statutory limit prescribed under the law and the taxpayer has already filed returns and paid… Read More »