TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 128A of CGST Act: Waiver of Interest and Penalties for Tax Demands from FY 2017-2020 Explained</h1> The circular addresses the introduction and clarification of Section 128A of the CGST Act, 2017, effective from November 1, 2024, which allows for the waiver of interest or penalties related to tax demands under Section 73 for the fiscal years 2017-18, 2018-19, and 2019-20. It outlines procedures for taxpayers to apply for waivers, including filing applications, payment of tax, and processing by tax officers. The circular also clarifies various issues, such as eligibility for waiver, the applicability of the waiver to different tax components, and the process for handling appeals. It emphasizes the requirement for full tax payment to qualify for the waiver and provides detailed guidance on the application process and conditions.
TaxTMI 
TaxTMI 
