https://www.taxtmi.com/article/detailed?id=12560 Penalty under the CGST framework applies only to a taxable person who is responsible for the transaction and in a legal position to retain the benefit of that transaction; absence of retention of benefit or transactional control precludes imposition of penalty under sub section (1A) of Section 122. Prosecution under Section 137 does not apply to a demand issued under Section 74, and issuing penalty notices to employees who neither retained benefit nor had transactional responsibility is an improper extension of liability. en-us Fri, 26 Apr 2024 20:54:21 +0530 Fri, 26 Apr 2024 20:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12560 Penalty under the CGST framework applies only to a taxable person who is responsible for the transaction and in a legal position to retain the benefit of that transaction; absence of retention of benefit or transactional control precludes imposition of penalty under sub section (1A) of Section 122. Prosecution under Section 137 does not apply to a demand issued under Section 74, and issuing penalty notices to employees who neither retained benefit nor had transactional responsibility is an improper extension of liability. Articles Goods and Services Tax - GST Fri, 26 Apr 2024 20:54:21 +0530 https://www.taxtmi.com/article/detailed?id=12560