Offenses & Penalties under GST Law in India

Offenses & Penalties under GST Law in India

Failing to deduct TDS, submit TDS or failing to pay taxes will attract penalties under GST.

H&R Block India brings you a video on Offences and Penalty under GST in India. In this video, we will tell you what are considered as Offences and penalties, Principle for imposing penalties under GST and the amount to be paid as penalty under GST.

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GST penalty in India are subject to few principles. There are no penalties for minor breach, penalty should align with severity of breach, reason behind the penalty must be disclosed.
There is lower penalty for voluntary disclosure of breach. Any offender who commits an offence that results in tax evasion can be punished under section 66(1).

If a person pays insufficient tax, then they will be penalized with Rs10,000. There are 21 offences, which are listed under the GST law in India.

You can read more about these offences along with the principles for imposing penalties in our GST guide: https://www.hrblock.in/gst/offences-a...

The above guide also gives a detailed description about Amount of GST as per Indian laws and the punishments as a result of prosecution.

About H&R Block India:
GST Service by H&R Block was initiated to cater to both big and small businesses, who either do not have internal resources / bandwidth to handle GST compliance or simply want to outsource the entire GST compliances.
H&R Block’s GST Services are designed to take care of all your GST requirements right from helping you with registering your business with GSTIN, to creating GST compliant invoices for all your vendors and customers and finally making sure that GST returns are filed accurately and in a timely manner.
One of the Key differentiators of our GST Service as compared to any other offering is our fully managed GST Compliance service. Our GST experts take care of end to end GST tax filing compliances and we even have an in-house GST ‘Center of Excellence’, which makes sure that our GST experts are updated with the latest developments in GST. This way we can take care of the entire process right from registration to reconciliation in the most efficient way.
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