https://www.taxtmi.com/article/detailed?id=5376 Section 51 now defines person in charge to include carriers, transport agents, booking agencies and warehouse custodians; section 51(12-A) makes transporters liable to a monetary penalty on first offence and vehicle confiscation on repeat offences tied to prior high penalties. Section 56 increases penalties for willful or fraudulent refund claims under prescribed refund schemes. Section 66(2) extends rectification from three to six years and explains that an order becomes erroneous if rendered so by subsequent amendment, enabling reopening of orders previously final under the earlier limitation regime. en-us Thu, 05 Dec 2013 07:53:10 +0530 Thu, 05 Dec 2013 07:53:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5376 Section 51 now defines person in charge to include carriers, transport agents, booking agencies and warehouse custodians; section 51(12-A) makes transporters liable to a monetary penalty on first offence and vehicle confiscation on repeat offences tied to prior high penalties. Section 56 increases penalties for willful or fraudulent refund claims under prescribed refund schemes. Section 66(2) extends rectification from three to six years and explains that an order becomes erroneous if rendered so by subsequent amendment, enabling reopening of orders previously final under the earlier limitation regime. Articles Value Added Tax - VAT and CST Thu, 05 Dec 2013 07:53:10 +0530 https://www.taxtmi.com/article/detailed?id=5376