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Jun 24, 2017
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Penalty upto Rs 10,000 to 5 year jail term under GST; here is what you need to avoid
Prime Minister Narendra Modi-led government had decided to roll outthe Goods and Service Tax (GST) from July 1. Which means from the first day of the next month, the country will be under the new game-changer tax policy. According to a report by Bhaskar, if anyone who gets involved in tax evasion or fraud under GST, will have to face certain consequences, which can even mean going behind the bars. The government is going to implement laws in relation to GST and even though Centre says the intention is not to harass anyone, laws have to be obeyed.
Source -
http://www.financialexpress.com
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