Punishment for GST tax evasion is tiered by severity, with increased penalties for repeat offences and a minimum custodial term. Punishment under the Model GST is tiered by magnitude of tax evaded, with each band pairing imprisonment and a fine; repeat convictions attract the ... Summary
Punishment for GST tax evasion is tiered by severity, with increased penalties for repeat offences and a minimum custodial term.
Punishment under the Model GST is tiered by magnitude of tax evaded, with each band pairing imprisonment and a fine; repeat convictions attract the highest imprisonment band and a fine, and no custodial sentence under the provision may be for less than six months.
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