https://www.taxtmi.com/article/detailed?id=6981 The Act establishes penalties, detention and confiscation for GST contraventions including false invoices, failure to remit collected tax, misuse of input tax credit, fraudulent refunds, falsification of records, failure to register, suppression of turnover, transporting taxable goods without required documents and disposing of detained goods; repeated short payments and aiding or abetting attract enhanced penalties; confiscated goods vest in government though redemption fines may be imposed; penalties require notice and opportunity of hearing and must be proportionate, with mitigation for voluntary disclosure. en-us Mon, 12 Sep 2016 10:12:31 +0530 Mon, 12 Sep 2016 10:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6981 The Act establishes penalties, detention and confiscation for GST contraventions including false invoices, failure to remit collected tax, misuse of input tax credit, fraudulent refunds, falsification of records, failure to register, suppression of turnover, transporting taxable goods without required documents and disposing of detained goods; repeated short payments and aiding or abetting attract enhanced penalties; confiscated goods vest in government though redemption fines may be imposed; penalties require notice and opportunity of hearing and must be proportionate, with mitigation for voluntary disclosure. Articles Goods and Services Tax - GST Mon, 12 Sep 2016 10:12:31 +0530 https://www.taxtmi.com/article/detailed?id=6981