New Delhi. In a bid to make the Goods and Services Tax (GST) Act more accessible to taxpayers, the government is looking to remove penal offenses that already come under the purview of the Indian Penal Code (IPC). An officer gave this information.
The proposal is part of the exercise to exclude certain offenses from the purview of the GST law and is likely to be taken up in the next meeting of the GST Council. If the proposal is approved by the GST Council, the finance ministry will propose amendments to the GST law, which will be tabled in the winter session of Parliament beginning next month.
An official said, “As part of the exercise to exclude offenses from the purview of the GST law, the law committee has finalized changes in its section 132.” He said that the offenses which come under the purview of the Indian Penal Code They will be removed from the GST law. After the amendment in the law is approved by the Parliament, the states will also have to change their GST laws.
Tax experts said that in the beginning, the offenses of fake business can be excluded from the purview. Rajat Mohan, senior partner, AMRG & Associates, said it is anticipated that offenses related to the issuance and acceptance of fake bills may be brought under the purview of the Indian Penal Code.
