VATupdate
india

Share this post on

Penalties for Non-Addition of Place of Business under GST Law: Implications and Recommendations

  • Failing to add a Place of Business under GST Law can lead to penalties up to ₹50,000
  • Sections 122 to 138 of the CGST Act outline offenses and penalties related to GST compliance
  • Registered persons are receiving notices for failing to update their GST profiles with additional places of business
  • A “place of business” includes warehouses, offices, and locations where business activities occur
  • Non-addition of a place of business is treated as a single offense, regardless of the number of locations
  • Recommendations for CBIC to establish clear penalties for non-updating places of business to avoid ambiguity and litigation

Source: taxmanagementindia.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements: