https://www.taxtmi.com/acts?id=27179 Section 126 limits penalties for trivial regulatory lapses and easily rectifiable documentation errors made without fraud or gross negligence, requires penalties to be commensurate with the breach, mandates an opportunity to be heard and specification of the breach and applicable law in any penalty order, treats voluntary pre-discovery disclosure as a mitigating factor in penalty quantification, and excludes cases where the penalty is prescribed as a fixed sum or fixed percentage. en-us Thu, 22 Jun 2017 18:08:14 +0530 Thu, 22 Jun 2017 18:08:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27179 Section 126 limits penalties for trivial regulatory lapses and easily rectifiable documentation errors made without fraud or gross negligence, requires penalties to be commensurate with the breach, mandates an opportunity to be heard and specification of the breach and applicable law in any penalty order, treats voluntary pre-discovery disclosure as a mitigating factor in penalty quantification, and excludes cases where the penalty is prescribed as a fixed sum or fixed percentage. Act-Rules GST - States Thu, 22 Jun 2017 18:08:14 +0530 https://www.taxtmi.com/acts?id=27179