Section 65, The Goods and Services Tax Act, 2009

A person who fails to maintain proper records as requiredby section 36 or 95 is liable to a penalty equal to the greater of– (a) Le 2,000,000; or 84 85 apply for registration by due date. display registration certificate. notify changes affecting registration, etc. GST invoice, credit note, etc. Failure to file return by due date. comply with notice for recovery of keep reliable records. (b) 50% of the GST assessed by the Commissioner-General according to the best information available to him for that period.