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Penalty for GST offences may exceed tax evaded or prescribed statutory amount; compliance required under law Section 122 prescribes penalties for a range of GST contraventions-incorrect, false or no invoices; supply without invoice; failure to remit collected tax; failure to deduct or collect tax; irregular or fraudulent use or distribution of input tax credit; fraudulent refund claims; falsification of records; non-registration or false registration particulars; suppression of turnover; obstruction of officers; transporting taxable goods without prescribed documents; tampering with evidence or detained goods. Penalties are the higher of a specified fixed amount or amounts equivalent to tax evaded, not deducted, not collected, irregularly availed or fraudulently refunded; differentiated sanctions apply for non-fraud and fraud/wilful suppression, and aiding or abetting persons face a separate higher penal ceiling.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
<h1>Penalty for GST offences may exceed tax evaded or prescribed statutory amount; compliance required under law</h1> Section 122 prescribes penalties for a range of GST contraventions-incorrect, false or no invoices; supply without invoice; failure to remit collected tax; failure to deduct or collect tax; irregular or fraudulent use or distribution of input tax credit; fraudulent refund claims; falsification of records; non-registration or false registration particulars; suppression of turnover; obstruction of officers; transporting taxable goods without prescribed documents; tampering with evidence or detained goods. Penalties are the higher of a specified fixed amount or amounts equivalent to tax evaded, not deducted, not collected, irregularly availed or fraudulently refunded; differentiated sanctions apply for non-fraud and fraud/wilful suppression, and aiding or abetting persons face a separate higher penal ceiling.
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