INTRODUCTION

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....2 The provisions of the CGST Act, 2017 and the CGST Rules, 2017 relevant to this Chapters, are as under- Sr. No. Sections / Rules Provisions pertaining to 1. Section 122 Penalty for certain offences 2. Section 123 Penalty for failure to furnish information return 3. Section 124 Fine for failure to furnish statistics 4. Section 125 General penalty 5. Section 126 General discipline....

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....ces 1.3 GST is levied on every value addition at each stage of supply. Apart from the tax, the CGST Act, 2017 and the rules made thereunder, lays down provisions for registration, manner of determination of the tax, classification and valuation of the supply, various mandatory compliances to be made by the taxpayer, etc. 1.4 Any breach of these laws leads to offences. Under GST laws, offences ar....

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....assistance of Criminal Procedure Code and others, only where it is required. 1.7 Under the GST system, businesses can commit various offences, resulting in penalties and fines. The penalties and fines deter businesses from engaging in fraudulent activities, non-compliance with tax laws and regulations, and other illegal activities. Some common GST offences include evasion of taxes, failure to reg....