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of <h1>Section 126 Bihar GST Act: Penalties Prohibited for Minor Breaches, Emphasizes Proportionality, Voluntary Disclosure May Mitigate Penalties</h1> Section 126 of the Bihar Goods and Services Tax Act, 2017, outlines the general principles for imposing penalties. It prohibits penalties for minor breaches, defined as involving less than five thousand rupees, or easily rectifiable documentation errors made without fraudulent intent or gross negligence. Penalties must be proportionate to the breach's severity and circumstances, and individuals must be given a chance to be heard before penalties are imposed. The nature of the breach and relevant laws must be specified in penalty orders. Voluntary disclosure of breaches may mitigate penalties, except where penalties are fixed sums or percentages.
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