Understand Offences and Penalties in Chapter XIX and Rule 162 of the CGST Act, 2017 for Compliance.

The CGST Act, 2017 mandates compliance with various provisions by registered taxpayers and, in some cases, unregistered individuals. Non-compliance can result in penalties, fines, or prosecution. Key chapters include those on tax levy and collection, input tax credit, registration, tax invoices, account maintenance, periodic returns, and tax payment. Specific chapters outline obligations to deduct or collect tax at source. Chapter XIX and Rule 162 detail offences and penalties, applicable to State/UT Goods and Service laws and the IGST Act, 2017. Failure to adhere to these can lead to interest charges, fines, and legal action.