Interest and penalty waiver procedure introduces electronic applications, payment conditions, hearing safeguards, deemed approval, and appeal restoration mechanisms. The amendments introduce rule 164, creating an electronic procedure for waiver of interest, penalty, or both under section 128A. Eligible persons must apply through FORM GST SPL-01 for notices or statements and FORM GST SPL-02 for orders, provide prescribed payment and withdrawal-of-litigation details, and meet applicable payment conditions. The proper officer may issue FORM GST SPL-03, receive a reply in FORM GST SPL-04, and accept or reject the application through FORM GST SPL-05 or SPL-07. Delayed decisions result in deemed approval, while non-payment of required amounts can void the waiver.
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Provisions expressly mentioned in the judgment/order text.
Interest and penalty waiver procedure introduces electronic applications, payment conditions, hearing safeguards, deemed approval, and appeal restoration mechanisms.
The amendments introduce rule 164, creating an electronic procedure for waiver of interest, penalty, or both under section 128A. Eligible persons must apply through FORM GST SPL-01 for notices or statements and FORM GST SPL-02 for orders, provide prescribed payment and withdrawal-of-litigation details, and meet applicable payment conditions. The proper officer may issue FORM GST SPL-03, receive a reply in FORM GST SPL-04, and accept or reject the application through FORM GST SPL-05 or SPL-07. Delayed decisions result in deemed approval, while non-payment of required amounts can void the waiver.
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