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Monday, May 8, 2017

Prosecution Provisions Under Central Goods And Service Tax Act 2017

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Section 132 provides for list of offences which shall be punishable with gradation of fine and imprisonment depending on the amount of tax evaded or the amount of input tax credit wrongly availed or utilized or the amount of refund wrongly taken. This clause also provides for offences which shall be non-cognizable and bailable or cognizable and non-bailable.

May 08, 2017 at 12:06PM

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from caankit@sharma

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