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of <h1>Section 126 GST Act: No Penalties for Minor Breaches; Hearing Required Before Imposing Penalties; Voluntary Disclosure Considered.</h1> Section 126 of the Delhi Goods and Services Tax Act, 2017, outlines the general principles for imposing penalties. No penalties are imposed for minor breaches, defined as involving less than five thousand rupees, or for easily rectifiable documentation errors made without fraudulent intent or gross negligence. Penalties should reflect the severity of the breach, and individuals must be given a hearing opportunity before imposition. Officers must specify the nature and legal basis of the breach when imposing penalties. Voluntary disclosure of breaches may be considered a mitigating factor, except where penalties are fixed sums or percentages.
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