Extension of recovery provisions to include newly inserted compliance-linked section expands taxable recovery scope under central GST. The amendment adds a reference to section 74A into the recovery provisions of the Central Goods and Services Tax Act, thereby expanding the set of ... Summary
Extension of recovery provisions to include newly inserted compliance-linked section expands taxable recovery scope under central GST.
The amendment adds a reference to section 74A into the recovery provisions of the Central Goods and Services Tax Act, thereby expanding the set of assessment provisions whose demands are recoverable; it is effected by the Finance (No. 2) Act, 2024 and brought into force by a commencement notification in November 2024.
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