GST Blue Saffron

GST - Compounding

December 14, 2021 Anup Season 1 Episode 35
GST Blue Saffron
GST - Compounding
Show Notes

The GST Act has provision to warrant such prosecution in form of a prescribed compensation to be paid to the department. This is called compounding. As per Section 138 of the CGST/SGST Act, the offences can be compounded. Listen to the podcast to learn more about certain conditions and consequences of compounding.