https://www.taxtmi.com/forum/issue?id=117713 The proprietor bears the Burden of Proof to show recovered cash was lawfully earned; GST authorities will share information with the income-tax department and investigations will follow. Deposit of recovered cash as GST duty does not convert such funds from black money into lawful funds and does not preclude separate tax assessments or criminal enquiries; if no GST evasion is alleged the proprietor should defend his position rather than uncritically accepting departmental treatment as duty. en-us Sat, 18 Dec 2021 09:57:20 +0530 Thu, 23 Jan 2025 15:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117713 The proprietor bears the Burden of Proof to show recovered cash was lawfully earned; GST authorities will share information with the income-tax department and investigations will follow. Deposit of recovered cash as GST duty does not convert such funds from black money into lawful funds and does not preclude separate tax assessments or criminal enquiries; if no GST evasion is alleged the proprietor should defend his position rather than uncritically accepting departmental treatment as duty. Discussion-Forum GST Sat, 18 Dec 2021 09:57:20 +0530 https://www.taxtmi.com/forum/issue?id=117713