fbpx

What are cognizable and non-cognizable offences under CGST/SGST Act?

In terms of Section 132(4) and 132(5) of CGST/SGST Act

 all offences where the evasion of tax is less than Rs.5 crores shall be non-cognizable and bailable,

 all offences where the evasion of tax exceeds Rs.5 crores shall be cognizable and non- bailable.

445 total views, 2 views today

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!