Question

What is the amount above which tax evasion will be a non-bailable offense under GST?

Q: Answer-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 andor 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.