Penalty us.73(9) of the CGST Act 2017

[SUBRATA RAY]

SCN issued to the assessee for non payment of tax within 30 days from due date as per provision of S73(9) what are the grounds to be raised for exoneratiing the assessee from penalty

AI Summary

Debate on Penalty Relief for Late Tax Payment Under Section 73(9) of CGST Act 2017: Valid Excuses Needed A query was raised regarding the imposition of a penalty under Section 73(9) of the CGST Act 2017 due to non-payment of tax within 30 days from the due date. The discussion sought to identify grounds for exonerating the assessee from the penalty. A response highlighted the need to establish genuine reasons for the delay in tax payment to potentially avoid the penalty.