🚨 Madras High Court Ruling: Major GST Relief for Taxpayers! 🚨 📢 Important Judgment in Tvl. Jainsons Castors & Industrial Products Case ✅ Late Fees Under Section 47 are Valid – Rs. 100 per day, max 0.25% of turnover 🚫 Additional Penalty Under Section 125 Struck Down – No extra Rs. 50,000 penalty ⚖ Section 73 Does Not Apply – Late filings ≠ Tax shortfall cases 🔍 Why This Matters? Prevents unfair penalties imposed beyond the GST law Protects businesses from excessive financial burdens Allows taxpayers to challenge arbitrary fines 💡 Stay compliant & avoid unnecessary GST penalties! 📖 Read full details here: shorturl.at/anfrk 📲 Get expert GST assistance: bit.ly/4fnYxx6 📍 Branches: Vellore | Chennai | Tiruvannamalai | Ambur | Mumbai | Kolkata | Delhi 📞 9385541127 | 🌐 taxlogicindia.com 🔹 #gstpenalty #taxupdate #madrashighcourt #gstcompliance #taxlogicindia #gstlatefees #gstlaw #businesstax #staycompliant