https://www.taxtmi.com/article/detailed?id=10417 Section 126 limits penalties for minor or easily rectifiable breaches lacking fraudulent intent or gross negligence, requires penalties to be commensurate with the facts and severity of the breach, permits mitigation for voluntary pre-discovery disclosures, and mandates procedural safeguards including opportunity to be heard; it excludes application where another provision prescribes a fixed monetary or percentage penalty. en-us Wed, 25 May 2022 09:44:15 +0530 Wed, 25 May 2022 09:44:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10417 Section 126 limits penalties for minor or easily rectifiable breaches lacking fraudulent intent or gross negligence, requires penalties to be commensurate with the facts and severity of the breach, permits mitigation for voluntary pre-discovery disclosures, and mandates procedural safeguards including opportunity to be heard; it excludes application where another provision prescribes a fixed monetary or percentage penalty. Articles Goods and Services Tax - GST Wed, 25 May 2022 09:44:15 +0530 https://www.taxtmi.com/article/detailed?id=10417