Web21 Nov 2024 · As per section 138(1) of GST Act 2024, any offence under the Act may be compounded by the commissioner on payment by an accused person to the Central Government or the State Government. ... • A person who have already been allowed to compound in respect to a specified offence as per section 132(1) (a) to (f) and (l) under … Web7 Apr 2024 · (1) Where the Commissioner has reasons to believe that a person has committed any offence specified in clause (a) or clause (b) or clause (c) or clause (d) of sub-section (1) of section 132 which is punishable under clause (i) or (ii) of sub-section (1), or sub-section (2) of the said section, he may, by order, authorise any officer of central …
Compounding of Offences under GST Regime IndianTaxStudy.com
WebThis Section contains amendments, which are not effective yet. Kindly check the effective dates of amendments carefully. Section 132 - Punishment for certain offences Digital … WebSection 132 of Central Goods and Services Act 2024 - Punishment for certain offences (1) Whoever commits any of the following offences, namely:- supplies any goods or services … shell script in python
Power to arrest provision under GST can be invoked if the ... - KPMG
Web27 Aug 2024 · Punishment Prescribed under Section 132 (1) Under GST Law. The amount of tax evasion/ Wrongly availment/utilization of Input tax credit/ Refund. Imprisonment of a … Web14 Apr 2024 · In section 132 of CGST Act, it is provided that the offences relating to taxable goods and /or services where the amount of tax evaded or the amount of input tax credit wrongly availed or the amount of refund wrongly taken exceeds ₹ 5 crore, shall be cognizable and non-bailable. ... Rule 140 of GST Rules, 2024 deals with bond and security … WebSection 132 (2): Where any person convicted of an offence under this section is again convicted of an offence under this section, then, he shall be punishable for the second … spoops t shirts