Category: Indirect Tax

Section 134 – Cognizance of offences of CGST ACT, 2017 134. No court shall take cognizance of any offence punishable under this Act or the rules made thereunder except with the previous sanction of the Commissioner, and no court inferior to that of a Magistrate of the First Class, shall try any such offence.

Section 132 – Punishment for certain offences of CGST ACT, 2017 132. (1) Whoever commits any of the following offences, namely:— (a) supplies any goods or services or both without issue of any invoice, in violation of the provisions of this Act or the rules made thereunder, with the intention to evade tax; (b) issues … Continue reading “Section 132 – Punishment for certain offences of CGST ACT, 2017”

Section 131 – Confiscation or penalty not to interfere with other punishments of CGST ACT, 2017 131. Without prejudice to the provisions contained in the Code of Criminal Procedure, 1973, no confiscation made or penalty imposed under the provisions of this Act or the rules made thereunder shall prevent the infliction of any other punishment … Continue reading “Section 131 – Confiscation or penalty not to interfere with other punishments of CGST ACT, 2017”

Section 130 – Confiscation of goods or conveyances and levy of penalty of CGST ACT, 2017 130. (1) Notwithstanding anything contained in this Act, if any person— (i) supplies or receives any goods in contravention of any of the provisions of this Act or the rules made thereunder with intent to evade payment of tax; … Continue reading “Section 130 – Confiscation of goods or conveyances and levy of penalty of CGST ACT, 2017”

Section 129 – Detention, seizure and release of goods and conveyances in transit of CGST ACT, 2017 129. (1) Notwithstanding anything contained in this Act, where any person transports any goods or stores any goods while they are in transit in contravention of the provisions of this Act or the rules made thereunder, all such … Continue reading “Section 129 – Detention, seizure and release of goods and conveyances in transit of CGST ACT, 2017”

Section 128 – Power to waive penalty or fee or both of CGST ACT, 2017 128. The Government may, by notification, waive in part or full, any penalty referred to in section 122 or section 123 or section 125 or any late fee referred to in section 47 for such class of taxpayers and under … Continue reading “Section 128 – Power to waive penalty or fee or both of CGST ACT, 2017”

Section 127 – Power to impose penalty in certain cases of CGST ACT, 2017 127. Where the proper officer is of the view that a person is liable to a penalty and the same is not covered under any proceedings under section 62 or section 63 or section 64 or section 73 or section 74 or … Continue reading “Section 127 – Power to impose penalty in certain cases of CGST ACT, 2017”

Section 126 – General disciplines related to penalty of CGST ACT, 2017 126. (1) No officer under this Act shall impose any penalty for minor breaches of tax regulations or procedural requirements and in particular, any omission or mistake in documentation which is easily rectifiable and made without fraudulent intent or gross negligence. Explanation.––For the … Continue reading “Section 126 – General disciplines related to penalty of CGST ACT, 2017”

Section 125 – General penalty of CGST ACT, 2017 125. Any person, who contravenes any of the provisions of this Act or any rules made thereunder for which no penalty is separately provided for in this Act, shall be liable to a penalty which may extend to twenty-five thousand rupees.

Section 124 – Fine for failure to furnish statistics of CGST ACT, 2017 124. If any person required to furnish any information or return under section 151,— (a) without reasonable cause fails to furnish such information or return as may be required under that section, or (b) wilfully furnishes or causes to furnish any information … Continue reading “Section 124 – Fine for failure to furnish statistics of CGST ACT, 2017”