Rectification order passed u/s 65 KGST Act
Can i apply under section 161 of the CGST for the rectification of the order passed under section 65 of the CGST/KGST act where issue involved is plastic scape sales is proposed to be taxed at 18% in the order. whereas no objection is filed on this ground against the audit observation proposing to tax plastic scrape sales at 18%. later on i come to know that the rate of tax is 5% on plastic scrape sales
what could be the other remedies i left with. any one can elaborate on this point
thanks in advane
Forum Discusses Rectifying Tax Order Error: Section 161 CGST for 18% Plastic Scrap Tax Mistake, Sections 73/74 Considered A participant in a discussion forum inquired about rectifying an order under section 65 of the KGST Act, where plastic scrap sales were taxed at 18% instead of the correct 5%. They asked if section 161 of the CGST could be used for rectification and sought other remedies. Responses advised using section 161 for rectification, considering potential departmental actions under sections 73/74, and being certain about the tax rate and classification. It was also clarified that filing an appeal under section 107 alongside a section 161 application is not possible, and the department can only counteract points raised by the aggrieved party. (AI Summary)
Goods and Services Tax - GST