https://www.taxtmi.com/forum/issue?id=118794 Debate exists whether the statutory 'shall' in the specific penalty provision makes imposition mandatory; however Circular No. 76/50/2018 states that where tax is paid late in returns like GSTR 3B, section 73 penalties are generally not invoked and instead a general penalty may be imposed after due process, so defences to an SCN should emphasise late payment and the circular's guidance to counter a levy under the specific provision. en-us Sun, 08 Oct 2023 13:25:32 +0530 Thu, 23 Jan 2025 14:20:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118794 Debate exists whether the statutory 'shall' in the specific penalty provision makes imposition mandatory; however Circular No. 76/50/2018 states that where tax is paid late in returns like GSTR 3B, section 73 penalties are generally not invoked and instead a general penalty may be imposed after due process, so defences to an SCN should emphasise late payment and the circular's guidance to counter a levy under the specific provision. Discussion-Forum GST Sun, 08 Oct 2023 13:25:32 +0530 https://www.taxtmi.com/forum/issue?id=118794