Waiver power for penalties under GST enables notification-based relief for eligible taxpayers following Council recommendation. Power to waive penalty or fee permits the Government to waive, wholly or partly, penalties specified for tax-related offences and specified late fees for ... Summary
Waiver power for penalties under GST enables notification-based relief for eligible taxpayers following Council recommendation.
Power to waive penalty or fee permits the Government to waive, wholly or partly, penalties specified for tax-related offences and specified late fees for delineated classes of taxpayers and mitigating circumstances, provided such waivers are effected by notification on the recommendation of the Council.
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