Question 17 – Draft-Bills-Reports – Offences, Penalties, Prosecution and Compounding – FAQ on GST (2nd Edition) dated 31.3.2017 – Question 17 – Q 17. What is the punishment prescribed on conviction of any offence under the CGST/SGST Act? Ans. The scheme of punishment provided in section 132(1) is as follows: Offence involving- Punishment (Imprisonment extending to-) Tax evaded exceeding ₹ 5 crore or repeat offender250 lakh 5 years and fine Tax evaded between ₹ 2 crore and ₹ 5
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