SHORT ANSWER:
The penalty for not displaying a GST number on a shop board can be a fine.
DETAILS:
- Under the Goods and Services Tax (GST) Act, businesses are required to display their GST registration number at their place of business.
- Failure to do so can attract penalties as prescribed under the GST law.
PUNISHMENT / IMPLICATIONS (if applicable):
- A penalty of up to ₹25,000 may be imposed for non-compliance.
SOURCE:
- Goods and Services Tax Act, 2017
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