https://www.taxtmi.com/acts?id=27445 Penalties are limited for minor breaches and readily correctable documentation errors absent fraud or gross negligence; the amount of penalty must be commensurate with the facts and severity of the breach. No penalty may be imposed without an opportunity to be heard, and penalty orders must identify the nature of the breach and the applicable provision. Voluntary disclosure before discovery may mitigate penalty quantum. The section excludes cases where the Act prescribes a fixed-sum or fixed-percentage penalty. en-us Fri, 23 Jun 2017 18:33:49 +0530 Sat, 22 Jul 2017 12:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27445 Penalties are limited for minor breaches and readily correctable documentation errors absent fraud or gross negligence; the amount of penalty must be commensurate with the facts and severity of the breach. No penalty may be imposed without an opportunity to be heard, and penalty orders must identify the nature of the breach and the applicable provision. Voluntary disclosure before discovery may mitigate penalty quantum. The section excludes cases where the Act prescribes a fixed-sum or fixed-percentage penalty. Act-Rules GST - States Fri, 23 Jun 2017 18:33:49 +0530 https://www.taxtmi.com/acts?id=27445