To make GST a corruption-free and successful tax system, the government has introduced strict provisions for penalties against GST offences. The purpose is to make sure that GST rules and laws are followed by every business and individual throughout the country.
A list of 21 offences has been released by the GST committee along with the guidelines of penalties to be applied for any kind of tax evasion. These offences will lead to a penalty against those following tax fraud, fake invoices, tax evasion and other practices in any form.
