https://www.taxtmi.com/forum/issue?id=119087 Whether the statutory minimum monetary penalty for short-paid tax under the general recovery provision attaches separately to central and state tax heads is disputed; the phrase "whichever is higher" has been invoked to support a per-head minimum, producing potential aggregate penalties that exceed the tax shortfall, raising questions about interplay with the fraud penalty framework, prohibition on duplicate penalties for the same act, and proportionality for small taxpayers. en-us Wed, 01 May 2024 17:26:49 +0530 Fri, 24 Jan 2025 10:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119087 Whether the statutory minimum monetary penalty for short-paid tax under the general recovery provision attaches separately to central and state tax heads is disputed; the phrase "whichever is higher" has been invoked to support a per-head minimum, producing potential aggregate penalties that exceed the tax shortfall, raising questions about interplay with the fraud penalty framework, prohibition on duplicate penalties for the same act, and proportionality for small taxpayers. Discussion-Forum GST Wed, 01 May 2024 17:26:49 +0530 https://www.taxtmi.com/forum/issue?id=119087