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of <h1>Proposed Section 11A Allows Government to Waive Uncollected GST Due to Widespread Practice, Upon Council's Advice.</h1> Clause 112 of the Finance (No. 2) Bill, 2024, proposes adding section 11A to the Central Goods and Services Tax Act. This new section grants the Government authority to waive the recovery of Goods and Services Tax (GST) that was not levied or was short-levied due to a general practice. If the Government determines that a widespread practice led to non-levy or under-levy of central tax on certain goods or services, it may, upon the Council's recommendation, issue a notification to exempt the tax that would otherwise be due, aligning with the established practice.
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