Threshold for criminal offences under GST raised to 2 crores from 1 crore

Dec 17, 2022

New Delhi, Dec 17 (ANI): Finance Minister Nirmala Sitharaman on December 17 held the Goods and Service Tax (GST) Council meeting in the national capital New Delhi. Speaking at the press conference, Revenue Secretary Sanjay Malhotra said that the threshold for criminal offences under GST raised to 2 crores from 1 crore. Revenue Secretary said, “GST Council has recommended decriminalising three different types of offences. GST decisions -Decriminalising certain offences including obstructing any officer from discharging his duties, threshold limit of tax amount for launching prosecution in any criminal offence under GST laws raised from Rs 1 crore to 2 crores for all offences except fake invoices.”