| Clause | Amount of Evasion (in Rupees.) | Particular | Term of Imprisonment |
|---|---|---|---|
| (i) | Above 5 Crore
| The amount of tax evasion/ Wrongly availment/utilization of Input tax credit/ Refund | Imprisonment of a term which may extend to 5 Years and fine [minimum 6 months (Sec 132 (3)] |
| (ii) | Duty/Tax evasion Above 2 Crore but below 5 Crore | The amount of tax evasion/Wrongly availment/utilization of Input tax credit/ Refund | Imprisonment of a term which may extend to 3 Years and fine [minimum 6 months (Sec 132 (3)] |
| (iii) | Duty/Tax evasion Above 1 Cr but below 2 Crore | The amount of tax evasion/ Wrongly availment/utilization of Input tax credit/ Refund | Imprisonment of a term which may extend to to 1 Year with fine [minimum 6 months (Sec 132 (3)] |
| (iv) |
| Where one commits or abets the commission of offence specified in clause (f) or (g) or (j)(Falsifies/ Obstructs/ Tampers) | Imprisonment of a term which may extend to 6 months or with fine or with both. |
Where any person convicted of an offence under this section is again convicted of an offence, then he shall be punishable for the second and for every subsequent offence with imprisonment for a term which may extend to five years and with fine.[ Section 132(2) ] •
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