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Home Acts & Rules GST Acts CENTRAL GOODS AND SERVICES TAX ACT, 2017 Chapters List Chapter XIX OFFENCES AND PENALTIES This
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Section 132 - Punishment for certain offences. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

Extract

..... wrongful availment or utilisation of input tax credit or refund of tax; 2[(c) avails input tax credit using the invoice or bill referred to in clause (b) or fraudulently avails input tax credit without any invoice or bill;] (d) collects any amount as tax but fails to pay the same to the Government beyond a period of three months from the date on which such payment becomes due; (e) evades tax 3[****] or fraudulently obtains refund and where such offence is not covered under clauses (a) to (d); (f .....

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Section 132 - Punishment for certain offences. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... reasonable belief, the burden of proving which shall be upon him, that the information supplied by him is true) supplies false information; or (l) attempts to commit, or abets the commission of any of the offences mentioned in clauses (a) to (k) of this section, shall be punishable- (i) in cases where the amount of tax evaded or the amount of input tax credit wrongly availed or utilised or the amount of refund wrongly taken exceeds five hundred lakh rupees, with imprisonment for a term which ma .....

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Section 132 - Punishment for certain offences. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... tion, then, he shall be punishable for the second and for every subsequent offence with imprisonment for a term which may extend to five years and with fine. (3) The imprisonment referred to in clauses (i), (ii) and (iii) of sub-section (1) and sub-section (2) shall, in the absence of special and adequate reasons to the contrary to be recorded in the judgment of the Court, be for a term not less than six months. (4) Notwithstanding anything contained in the Code of Criminal Procedure, 1973, (2 o .....

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Section 132 - Punishment for certain offences. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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