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of <h1>Clarifications on CGST Act Section 128A: Waiver of Interest/Penalties for Tax Demands FY 2017-18 to 2019-20 Procedures Explained.</h1> The circular addresses clarifications regarding Section 128A of the Central Goods and Services Tax (CGST) Act, 2017, which allows for the waiver of interest or penalties on tax demands under Section 73 for the financial years 2017-18 to 2019-20. It outlines procedures for taxpayers to apply for such waivers, including filing applications in specific forms, payment of tax demands, and conditions for eligibility. The circular also details the processing of applications, issuance of orders, and appeal procedures. It specifies that the waiver applies only when full tax payment is made and clarifies issues related to transitional credits, erroneous refunds, and applicability to Integrated Goods and Services Tax (IGST) and compensation cess.
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