https://www.taxtmi.com/forum/issue?id=117663 Procedure lapse under GST is non-adherence to prescribed procedural steps or formats-such as late return filing, incomplete invoice details, misclassification within return tables, or claiming transitional credit in the wrong form-which is typically treated as technical non-compliance. Consequences are administrative (late fees, interest, penalties), but where the lapse causes no revenue loss and the taxpayer is clearly entitled to the benefit, authorities may condone the lapse and allow the benefit; by contrast, substantive time limits or conduct causing fiscal prejudice may lead to stricter enforcement. en-us Sat, 27 Nov 2021 14:38:44 +0530 Thu, 23 Jan 2025 15:54:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117663 Procedure lapse under GST is non-adherence to prescribed procedural steps or formats-such as late return filing, incomplete invoice details, misclassification within return tables, or claiming transitional credit in the wrong form-which is typically treated as technical non-compliance. Consequences are administrative (late fees, interest, penalties), but where the lapse causes no revenue loss and the taxpayer is clearly entitled to the benefit, authorities may condone the lapse and allow the benefit; by contrast, substantive time limits or conduct causing fiscal prejudice may lead to stricter enforcement. Discussion-Forum GST Sat, 27 Nov 2021 14:38:44 +0530 https://www.taxtmi.com/forum/issue?id=117663