Q.

GST Penalties for High Value Frauds

A. Jail term not exceeding 1 year if tax amount involved is between Rs. 100 lakhs to less than Rs. 200
B. Jail term not exceeding 3 years if tax amount involved is between Rs.200 lakhs to less than
C. Jail term not exceeding 5 years if tax amount involved is Rs. 500 lakhs or higher.
D. all of the above
Answer» D. all of the above
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