https://www.taxtmi.com/acts?id=27175 The Act prescribes that specified fraudulent, evasive or non-compliant acts-such as issuing false invoices, failing to register, collecting but not remitting tax, misusing input tax credit, falsifying records, obstructing officers, transporting taxable goods without prescribed documents, suppressing turnover, or disposing of detained goods-attract a penalty equal to a prescribed fixed sum or an amount equivalent to the tax consequence of the misconduct, whichever is higher. Separate graded penalties apply for short-paid or erroneously refunded tax depending on whether conduct was non-fraudulent or fraudulent, and aiding or abetting such offences attracts an enhanced penalty. en-us Thu, 22 Jun 2017 18:05:04 +0530 Thu, 22 Jun 2017 18:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27175 The Act prescribes that specified fraudulent, evasive or non-compliant acts-such as issuing false invoices, failing to register, collecting but not remitting tax, misusing input tax credit, falsifying records, obstructing officers, transporting taxable goods without prescribed documents, suppressing turnover, or disposing of detained goods-attract a penalty equal to a prescribed fixed sum or an amount equivalent to the tax consequence of the misconduct, whichever is higher. Separate graded penalties apply for short-paid or erroneously refunded tax depending on whether conduct was non-fraudulent or fraudulent, and aiding or abetting such offences attracts an enhanced penalty. Act-Rules GST - States Thu, 22 Jun 2017 18:05:04 +0530 https://www.taxtmi.com/acts?id=27175