- The GST administration is promoting an Amnesty Scheme for taxpayers to settle pending tax obligations before the end of March, targeting outstanding GST disputes from Financial Years 2017-2020.
- Taxpayers can clear their dues by paying only the primary tax amount, receiving full exemption from penalties and interest charges if they adhere to the scheme’s requirements.
- The scheme also applies to situations involving formal orders issued by proper officers, allowing for a broader resolution of outstanding issues.
Source A2ztaxcorp
Latest Posts in "India"
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries
- Finance Minister Addresses GST Transition Concerns, Outlines Measures for Smooth Implementation
- Rajasthan HC Rules Principal-to-Principal Service Contracts as Export, Not Intermediary, Under GST
- CBAM Compliance Guide for Indian Exporters: 2025–26 Edition
- Government Scrutinizes E-commerce for Ignoring CST Rate Cuts, Investigates 3,000 Consumer Complaints