The GST administration encourages taxpayers to utilise the Amnesty Scheme for settling their pending tax obligations before March ends. This scheme focuses on resolving outstanding GST disputes from Financial Years 2017-2020. Under this initiative, taxpayers can clear their dues by paying only the primary tax amount, whilst receiving complete exemption from penalties and interest charges, provided they comply with the scheme’s stipulations. The scheme’s provisions also extend to instances where proper officers have issued formal orders.
Source #TOI
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