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of <h1>Liability of Company Officials Under Section 137 of GST Act for Offences: Accountability and Exceptions Explained.</h1> Section 137 of the Central Goods and Services Tax Act, 2017, addresses offences committed by companies. If a company commits an offence under this Act, individuals responsible for the company's conduct, such as directors or managers, are deemed guilty and subject to penalties. If it's proven that the offence occurred with their consent, connivance, or negligence, they are also liable. This applies to partnerships, LLPs, Hindu undivided families, or trusts, holding partners or managing trustees accountable. However, individuals can avoid liability if they demonstrate ignorance of the offence or due diligence to prevent it. A 'company' includes any corporate body or association.
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