https://www.taxtmi.com/acts?id=27912 Section 126 limits penalty imposition by barring penalties for minor breaches-including rectifiable documentation errors made without fraud or gross negligence-defines when an error is easily rectifiable, requires penalties to be commensurate with the breach, mandates an opportunity to be heard, obliges officers to specify the breach and legal basis in penalty orders, permits voluntary pre-disclosure as a mitigating factor, and excludes cases where penalties are fixed sums or fixed percentages. en-us Mon, 26 Jun 2017 16:40:03 +0530 Tue, 27 Jun 2017 16:49:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27912 Section 126 limits penalty imposition by barring penalties for minor breaches-including rectifiable documentation errors made without fraud or gross negligence-defines when an error is easily rectifiable, requires penalties to be commensurate with the breach, mandates an opportunity to be heard, obliges officers to specify the breach and legal basis in penalty orders, permits voluntary pre-disclosure as a mitigating factor, and excludes cases where penalties are fixed sums or fixed percentages. Act-Rules GST - States Mon, 26 Jun 2017 16:40:03 +0530 https://www.taxtmi.com/acts?id=27912