GST council agrees to decriminalise certain offences, doubles limit for launching prosecution to Rs 2 crore
Shortpedia
Content Team
Image Credit: bfsi.economic times
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said. The Council could decide on only 8 out of the 15 agenda items due to paucity of time, Finance Minister Nirmala Sitharaman said, adding the items not considered included one pertaining to setting up of appellate tribunals for GST.
