{"id":3084,"date":"2017-04-03T16:38:50","date_gmt":"2017-04-03T11:08:50","guid":{"rendered":""},"modified":"2017-04-03T16:38:50","modified_gmt":"2017-04-03T11:08:50","slug":"what-is-the-quantum-of-penalty-provided-for-in-the-cgst-sgst-act","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=3084","title":{"rendered":"What is the quantum of penalty provided for in the CGST \/SGST Act?"},"content":{"rendered":"<p>What is the quantum of penalty provided for in the CGST \/SGST Act?<br \/>Question 4<br \/>Bill  <br \/>Offences, Penalties, Prosecution and Compounding  <br \/>Faq On GST (2nd Edition) Dated 31.3.2017<br \/>Q 4. What is the quantum of penalty provided for in the CGST \/SGST Act?<br \/>\nAns. Section 122(1) provides that any taxable person who has committed any of the offences mentioned in section 122 shall be punished with a penalty that shall be higher of the following amounts:<br \/>\n&bull; The amount of tax evaded, frau<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=24688\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the quantum of penalty provided for in the CGST \/SGST Act?Question 4Bill Offences, Penalties, Prosecution and Compounding Faq On GST (2nd Edition) Dated 31.3.2017Q 4. What is the quantum of penalty provided for in the CGST \/SGST Act? Ans. Section 122(1) provides that any taxable person who has committed any of the offences &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=3084\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What is the quantum of penalty provided for in the CGST \/SGST Act?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3084","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3084"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/3084\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}