https://www.taxtmi.com/circulars?id=67914 Clarification explains that when GST Council-recommended Circulars regularize past GST treatment on an "as is" or "as is, where is" basis, taxpayers who paid a lower rate or nil and declared that position in returns will be treated as having fully discharged tax liability for the regularized period and need not pay the differential; taxpayers who paid a higher rate are not entitled to refunds. The regularization does not cover cases where no tax was paid and the correct rate is higher; in such cases the applicable tax will be recovered. en-us Fri, 01 Nov 2024 00:00:00 +0530 Thu, 14 Nov 2024 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67914 Clarification explains that when GST Council-recommended Circulars regularize past GST treatment on an "as is" or "as is, where is" basis, taxpayers who paid a lower rate or nil and declared that position in returns will be treated as having fully discharged tax liability for the regularized period and need not pay the differential; taxpayers who paid a higher rate are not entitled to refunds. The regularization does not cover cases where no tax was paid and the correct rate is higher; in such cases the applicable tax will be recovered. Circulars GST - States Fri, 01 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67914