Gauhati HC Upholds Personal GST Penalty on Partners for Tax Evasion

Partners Personally Liable to Penalty u/s 122(1A) of the CGST Act Even for Pre-2021 Transactions The Gauhati High Court in Mayank Bansal v. Union of India & Ors. held that partners of a partnership firm can be personally penalized under Section 122(1A) of the CGST Act even if they are not “taxable persons,” provided they retained the benefit of fraudulent transactions and such transactions were conducted at their instance. The Court ruled that the expression “any person” in Section 122(1A) has a wider scope than “taxable person” and covers natural perso...