Eye Share : GST - Offences and Penalties - Latest Amendments

In order to prevent tax evasion and curb corruption, the Government has brought stringent provisions against offenders as regards penalties and arrests. With a view to cover all such persons involved in the commission of specified contravention, the Finance Act, 2020 has inserted a new Section 122(1A) to tap those persons, who retain the benefit of specified transaction(s).Mr. Narendra Sighnvi (Joint Partner, Lakshmikumaran & Sridharan Attorneys) belie...