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In GST regime, tax evasion over Rs 5 cr a non-bailable offence

In GST regime, tax evasion over Rs 5 cr a non-bailable offence

Monday, April 3, 2017, 4:21 PM

Tax evasion of over Rs.5 crore under the GST regime would be non-bailable offence with the police having authority to make an arrest without a warrant. The CGST Act provides that if the offences relating to taxable goods and services where the amount of tax evaded or the amount of refund wrongly taken exceeds Rs.5 crore, shall be cognizable and non-bailable.
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