https://www.taxtmi.com/acts?id=38369 The amendment expands liability to persons who "commit, or cause to commit and retain the benefits arising out of" offences and expressly criminalises availing input tax credit using specified invoices or fraudulently availing input tax credit without any invoice or bill; it also makes such fraudulent availment without an invoice or bill a cognizable and non-bailable offence and holds beneficiaries and instigators liable for punishment. en-us Sat, 01 Feb 2020 18:13:55 +0530 Sat, 01 Feb 2020 18:13:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38369 The amendment expands liability to persons who "commit, or cause to commit and retain the benefits arising out of" offences and expressly criminalises availing input tax credit using specified invoices or fraudulently availing input tax credit without any invoice or bill; it also makes such fraudulent availment without an invoice or bill a cognizable and non-bailable offence and holds beneficiaries and instigators liable for punishment. Act-Rules Bills Sat, 01 Feb 2020 18:13:55 +0530 https://www.taxtmi.com/acts?id=38369