Sec 128- Power to waive penalty or fee or both

Admin — Thu, 13 Apr 2017 21:37:21 +0000

The Government may, by notification, waive in part or full, any penalty referred to in section 122 or section 123 or section 125 or any late fee referred to in section 47 for such class of taxpayers and under such mitigating circumstances as may be specified therein on the recommendations of the Council.

Reply To: Sec 128- Power to waive penalty or fee or both

Priya Madrecha — Tue, 23 May 2017 08:53:34 +0000

128.1 Introduction
This section empowers the government to waive penalty for certain class of taxpayers or under certain circumstances.
128.2 Analysis
This section provides for waiver of penalty leviable under section 122 or section 123 or section 125 or late fee payable under section 47 to those class of taxpayers or under such mitigating factors as notified by the Government.

Sec 128- Power to waive penalty or fee or both – GST India Forum

Sec 128- Power to waive penalty or fee or both

Reply To: Sec 128- Power to waive penalty or fee or both