What is penalty for RCM not charged under GST ?, Goods and Services Tax - GST

[nagendra v]

Sir/Madam,

I want to know the penalty or causes for ignoring/omitting GST taxes under Reverse Charge mechanism

please help me with this issue

Thank you

Posts / Replies

[KASTURI SETHI]

Read Section 122 (2) (a) & (b) of CGST Act, 2017. It is minimum 10,000/- or equal to the amount of tax evaded, whichever is higher.

[YAGAY and SUN]

Please pay it along with interest.

[Ganeshan Kalyani]

It is better pay due tax with interest.