https://www.taxtmi.com/circulars?id=70802 GST regularisation on an "as is" or "as is, where is" basis accepts a lower tax rate paid, including a nil-rate exemption position under a competing entry, as full discharge of liability for the specified past period. Differential tax is not recoverable where genuine doubt or divergent interpretation caused suppliers to adopt competing rates. Tax paid at a higher rate is not refundable. Regularisation does not protect non-payment where no competing nil-rate or exemption position was involved; the applicable unpaid tax remains recoverable. en-us Thu, 07 Nov 2024 00:00:00 +0530 Fri, 14 Aug 2026 18:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70802 GST regularisation on an "as is" or "as is, where is" basis accepts a lower tax rate paid, including a nil-rate exemption position under a competing entry, as full discharge of liability for the specified past period. Differential tax is not recoverable where genuine doubt or divergent interpretation caused suppliers to adopt competing rates. Tax paid at a higher rate is not refundable. Regularisation does not protect non-payment where no competing nil-rate or exemption position was involved; the applicable unpaid tax remains recoverable. Circulars GST - States Thu, 07 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70802