VATupdate

Share this post on

New GST Amnesty Scheme: Interest and Penalty Waiver for Taxpayers from Nov 1

India’s new Goods and Services Tax (GST) amnesty scheme will come into effect on November 1, 2024. This will offer relief to taxpayers with outstanding GST demands from 2017-18 to 2019-20. The scheme waives interest and penalties on non-fraudulent cases.

Source: a2ztaxcorp.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements: