Power to regularise tax non levy permits government to forgo recovery where a generally prevalent practice caused short levy. The Government may, if satisfied that a generally prevalent practice led to non-levy or short-levy of central tax on certain supplies, and on the ... Summary
Power to regularise tax non levy permits government to forgo recovery where a generally prevalent practice caused short levy.
The Government may, if satisfied that a generally prevalent practice led to non-levy or short-levy of central tax on certain supplies, and on the recommendation of the Council, by notification direct that the whole central tax payable on such supplies, or the central tax in excess of what was levied under the practice, shall not be required to be paid.
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