Section 127 | TaxTooter Repository

Section 127

Date Issued: 16 August 2024
State: India
Source: CGST Act 2017
Views: 9

Summary

This document sets out Section 127, titled “Power to impose penalty in certain cases,” and states that the proper officer may levy a penalty after giving a reasonable opportunity of being heard when the matter is not already covered under specified proceedings. It also includes related text from Rule 142 on notice, payment, and order procedures, including references to section 127 in demand summaries and orders. The document notes that the section was enforced from 1st July, 2017 and later amended by the Finance Act (No. 2) Act, 2024.