https://www.taxtmi.com/forum/issue?id=119377 The amnesty targets outstanding tax payable due as on the scheme cut off; if tax has been paid and an assessment notice demands only interest and/or penalty, such cases are considered for amnesty relief. However, waiver of interest and penalty is excluded where interest arises from delayed filing or delayed reporting of supplies because that interest is treated as recovery of self assessed liability and is directly recoverable under the provision governing self assessed interest. Taxpayers whose interest/penalty demands do not fall within that exclusion may avail the amnesty after factual verification. en-us Tue, 29 Oct 2024 16:38:17 +0530 Fri, 24 Jan 2025 10:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119377 The amnesty targets outstanding tax payable due as on the scheme cut off; if tax has been paid and an assessment notice demands only interest and/or penalty, such cases are considered for amnesty relief. However, waiver of interest and penalty is excluded where interest arises from delayed filing or delayed reporting of supplies because that interest is treated as recovery of self assessed liability and is directly recoverable under the provision governing self assessed interest. Taxpayers whose interest/penalty demands do not fall within that exclusion may avail the amnesty after factual verification. Discussion-Forum GST Tue, 29 Oct 2024 16:38:17 +0530 https://www.taxtmi.com/forum/issue?id=119377