If you are a business owner in Tamil Nadu and have not filed your GST returns, it is important to know the procedures for initiation of action by the authorities. The Tamil Nadu Goods and Services Tax (TNGST) Act provides for legal action against non-filers of GST returns to ensure compliance with the tax laws. In this article, we will discuss the procedures for initiation of action on non-filers of returns under TNGST Act.
As per the TNGST Act, any registered person who fails to file the GST returns for a period of two consecutive tax periods will be considered a non-filer of returns. The tax periods are generally monthly or quarterly depending on the turnover of the business.
The authorities will first issue a notice to the non-filer of returns, asking them to file the GST returns within a specified period of time. The notice will be sent through the GST portal and will be accompanied by a demand for payment of tax, interest, and penalty.
If the non-filer fails to file the returns within the specified time period, the authorities will initiate legal action against them.
The authorities can initiate legal action against non-filers of returns under the TNGST Act by following these steps:
Non-filers of GST returns under the TNGST Act will be liable to pay a penalty of Rs. 100 per day of default subject to a maximum of Rs. 5,000. In addition, they will be liable to pay interest on the amount of tax due.
It is important for business owners to file their GST returns on time to avoid legal action by the authorities. Non-filers of returns under the TNGST Act can face severe penalties and recovery proceedings. By understanding the procedures for initiation of action on non-filers, business owners can ensure compliance with the tax laws and avoid legal hassles.
Effects of Section 16(2)(ba) in GST Act
Metal Mountings - GST Rates & HSN Code 8302
IMPS – Meaning, Fund Transfer Limit, Timing and Charges.