What is the amount above which tax evasion will be a non-bailable offense under GST?
Tax evasion of over Rs 5 crore under the Goods and Services Tax (GST) regime would be non-bailable offence with the police having authority to make an arrest without a warrant. The Central GST (CGST) Act provides that if the offences relating to taxable goods and/or services where the amount of tax evaded or the amount of input tax credit wrongly availed or the amount of refund wrongly taken exceeds Rs 5 crore, shall be cognizable and non-bailable.
