Context
As per the conclusion of the 48th GST Council meeting, the GST Council chaired by Finance Minister recommended decriminalising certain offences under Section 132 of the Central Goods and Services Tax (CGST) Act, 2017.
Key highlights of the meeting:
The council has recommended various measures to ‘decriminalise the GST offences’ such as;
What was previously criminalised under GST Act?
What are the offences being included under CGST Act, 2017?
Impacts of decriminalisation:
The GST law is still developing and is in its infancy which makes the same difficult and uncertain to enforce.
Other major recommendations:
Verifying, please be patient.