Regularisation of cess shortfalls where non levy arose from general practice allows government to sanction corrective levy. Section 8A empowers the government to regularize cases of non-levy or short-levy of the compensation cess where such under-collection arose from a ... Summary
Regularisation of cess shortfalls where non levy arose from general practice allows government to sanction corrective levy.
Section 8A empowers the government to regularize cases of non-levy or short-levy of the compensation cess where such under-collection arose from a prevailing general practice, providing an administrative mechanism to treat practice-driven cess shortfalls as regularizable liabilities under the GST compensation framework.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
