Kishore, an unregistered person under GST, purchases the goods supplied by Sanjay who is a registered person without receiving a tax invoice and thus helps in tax evasion. Determine maximum amount of penalty that may be
CS Professional · Advanced Tax Laws · PYQS · June 2019
Kishore, an unregistered person under GST, purchases the goods supplied by Sanjay who is a registered person without receiving a tax invoice and thus helps in tax evasion. Determine maximum amount of penalty that may be imposed on Kishore under CGST Act, 2017.
Answer & Explanation:
Under section 122(3) of the CGST Act, 2017 any person who aids or abets any of the offences specified in clauses (i) to (xxi) of sub-section (1), he/ she shall be liable to a penalty which may extend to twenty five thousand rupees. Hence, Kishore is liable for maximum penalty of ₹25,000 since he is helping in the tax evasion which is an offence under the CGST Act, 2017.
Topics: GST
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