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Section 132 under CGST
If any offence conducted by a dealer under this,No penalty settlement ,but Punishment with fine for,from three months to may extend 5Years on the basic quality of offence conducted by a person or dealer.
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Section 132 of the CGST Act prescribes punishments—including imprisonment and fines—for serious tax-related offences like tax evasion, fake invoicing, and fraudulent ITC claims. Prosecution is subject to monetary thresholds and requires the Commissioner's approval, with provisions for compounding to settle cases.
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