CGST Section 128: Power to Waive Penalty or Fee or Both

Provisions under Section 128 of the CGST Act 2017 relating to “Power to Waive Penalty or Fee or Both”:

Section 128: Power to Waive Penalty or Fee or Both (CHAPTER XIX: OFFENCES AND PENALTIES) [*1]

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.

Notes (History of Amendments in Bare Text):

1. CGST Section 128 introduced vide GOI Notification dated 12/04/2017, followed with CBEC Notification 9/2017 on commencement date of 01/07/2017.

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