The Government recently notified the new Foreign Trade Policy (FTP), 2023, which has kicked-in from 1st April 2023. With this new FTP, the Government has taken an unprecedented step to keep it open en...
The article aims to highlight the major changes brought in by the recent instructions published by the Central Board of Indirect Taxes & Customs regarding the arrest and prosecution provisions under the Central Goods and Services Tax Act, 2017 (“CGST Act, 2017”). This article summarizes the conditions precedent, the procedure and the post-arrest formalities for an arrest under the CGST Act, 2017 and the restrictions and process to be followed while prosecuting an individual or company under the CGST Act, 2017. These instructions come as a relief to various employees of companies as they curb any unreasonable or undesirable action on the part of the authorities.
