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of <h1>Section 132 of GST Act: Penalties for Tax Evasion, Fraudulent Invoicing, and More; Imprisonment Up to 5 Years.</h1> Section 132 of the West Bengal Goods and Services Tax Act, 2017, outlines penalties for various tax-related offences. These include supplying goods or services without invoicing, issuing invoices without actual supply, fraudulent input tax credit claims, tax evasion, falsifying records, obstructing tax officers, and tampering with evidence. Penalties vary based on the amount involved, with imprisonment ranging from six months to five years and fines. Repeat offenders face harsher penalties. Most offences are non-cognizable and bailable, except for specific serious violations. Prosecution requires prior sanction from the Commissioner, and 'tax' includes evaded amounts and wrongly claimed credits or refunds.
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