https://www.taxtmi.com/article/detailed?id=16328 Penalty under Section 122(1A) of the CGST Act applies only where the person retains the benefit of the specified transaction and the transaction was conducted at that person's instance. The provision is linked to a taxable person, so company employees who are not registered or liable to be registered cannot be treated as taxable persons merely because they hold managerial positions. The provision, effective from 1 January 2021, cannot be applied retrospectively to earlier periods. en-us Sat, 02 May 2026 07:45:41 +0530 Sat, 02 May 2026 07:45:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16328 Penalty under Section 122(1A) of the CGST Act applies only where the person retains the benefit of the specified transaction and the transaction was conducted at that person's instance. The provision is linked to a taxable person, so company employees who are not registered or liable to be registered cannot be treated as taxable persons merely because they hold managerial positions. The provision, effective from 1 January 2021, cannot be applied retrospectively to earlier periods. Articles Goods and Services Tax - GST Sat, 02 May 2026 07:45:41 +0530 https://www.taxtmi.com/article/detailed?id=16328