Quick Summary
In a major update to the penal provisions for inspection and search operations under the Goods and Services Tax (GST) regime, the Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 20/2024 - Central Tax dated October 08, 2024, has made a crucial substitution in FORM GST INS-01. This amendment aligns certain penal provisions with the newly introduced Bharatiya Nyaya Sanhita, 2023 (45 of 2023). Key Changes The notification substitutes the earlier references to section
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FAQ :
The CBIC has updated Form GST INS-01 to align its penal provisions for inspection and search operations with the Bharatiya Nyaya Sanhita, 2023.
The Bharatiya Nyaya Sanhita, 2023, has been introduced to replace certain sections of the Indian Penal Code (IPC) related to GST penal provisions.
References to sections 179, 181, 191, and 418 of the Indian Penal Code have been replaced.
The new sections are 214, 216, 227, and sub-section (3) of section 318 of the Bharatiya Nyaya Sanhita, 2023.
These sections cover offences such as misleading authorities, tampering with evidence, refusing to answer questions, and making false statements during inspections and searches.
This update ensures GST legal provisions remain current with India's evolving legal code and highlights the CBIC's focus on transparency and accountability. Businesses should be aware of these changes to ensure compliance.
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