Penalty for GST offences: prescribed sanctions apply, higher measures where tax evasion or fraud is established. Specified breaches relating to supplies, invoicing, collection, deduction, accounting and registration under the State goods and services tax framework attract monetary sanction; the penalty is the higher of a base monetary sanction or amounts tied to tax evaded, not deducted, short deducted, not collected, short collected, irregularly availed or distributed input tax credit, or fraudulently claimed refunds, with graduated penalties for non-fraud defaults and increased penalties where fraud or wilful misstatement is established.
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.
Penalty for GST offences: prescribed sanctions apply, higher measures where tax evasion or fraud is established.
Specified breaches relating to supplies, invoicing, collection, deduction, accounting and registration under the State goods and services tax framework attract monetary sanction; the penalty is the higher of a base monetary sanction or amounts tied to tax evaded, not deducted, short deducted, not collected, short collected, irregularly availed or distributed input tax credit, or fraudulently claimed refunds, with graduated penalties for non-fraud defaults and increased penalties where fraud or wilful misstatement is established.
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