Penalty for failure to furnish information return
Section 123, CGST Act
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In one line
Section 123 imposes a penalty for failure to furnish an information return under s.150 (Rs 100/day up to Rs 5,000).
The exact words of the law
520 characters, uneditedReproduced from the CBIC text. We explain it above — but you should always be able to read it yourself.
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(3) thereof, the proper officer may direct that such person shall be liable to pay a penalty of one hundred rupees for each day of the period during which the failure to furnish such return continues: Provided that the penalty imposed under this section shall not exceed five thousand rupees.
What changed, and when
The amendment trail, newest first — because the version that applies to your case depends on the period.
2017-07-01 · Commenced
Provision as originally enacted in the CGST Act, 2017 (Act 12 of 2017) and brought into force w.e.f. 01-07-2017.
Where this comes from
Text reproduced from the Central Board of Indirect Taxes and Customs, as available on 2026-09-05. The explanation and practice notes above are GSTZone’s own, written for this hub. If you spot anything out of date, tell us and we’ll fix it — this hub is checked daily against CBIC.
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