Madras HC rules that when GST law provides a specific late fee (Sec 47), a general penalty under Sec 125 can’t be imposed. Sets aside ₹50k penalty, recalculates late fee, and orders bank account defreezing on payment.
Madras HC rules that when GST law provides a specific late fee (Sec 47), a general penalty under Sec 125 can’t be imposed. Sets aside ₹50k penalty, recalculates late fee, and orders bank account defreezing on payment.
