https://www.taxtmi.com/circulars?id=67732 The fourth proviso to the IGST Act mandates that the penalty for integrated tax is the sum total of the monetary penalties leviable under the CGST and SGST Acts; therefore IGST penalty is computed by adding the penalty amounts determined under each Act (not by adding penalty rates), resulting, for example, in a ten per cent penalty on the combined tax amount where CGST and SGST each attract ten per cent penalties. en-us Tue, 13 Aug 2024 00:00:00 +0530 Wed, 11 Feb 2026 16:00:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67732 The fourth proviso to the IGST Act mandates that the penalty for integrated tax is the sum total of the monetary penalties leviable under the CGST and SGST Acts; therefore IGST penalty is computed by adding the penalty amounts determined under each Act (not by adding penalty rates), resulting, for example, in a ten per cent penalty on the combined tax amount where CGST and SGST each attract ten per cent penalties. Circulars GST - States Tue, 13 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67732