Daily Archives: January 3, 2025

CIRCULAR NO 238/32/2024 GST CLARIFICATION OF VARIOUS DOUBTS RELATED TO SECTION 128A OF THE CGST ACT, 2017

By | January 3, 2025

CIRCULAR NO. 238/32/2024-GST [F. NO. CBIC-20001/6/2024-GST] CLARIFICATION OF VARIOUS DOUBTS RELATED TO SECTION 128A OF THE CGST ACT, 2017 CIRCULAR NO. 238/32/2024-GST [F. NO. CBIC-20001/6/2024-GST], DATED 15-10-2024 Based on the recommendations of the GST Council made in its 53rd meeting, Section 128A has been inserted in the Central Goods and Services Tax Act, 2017 (hereinafter referred to… Read More »

Category: GST

Rule 164 CGST Rules 2017 Procedure and conditions for closure of proceedings under section 128A in respect of demands issued under section 73.

By | January 3, 2025

Rule – 164 , Central Goods and Services Tax Rules, 2017 Inserted by the Central Goods and Services Tax (Second Amendment) Rules, 2024, w.e.f. 1-11-2024. 1 [Procedure and conditions for closure of proceedings under section 128A in respect of demands issued under section 73. 164. (1) Any person who is eligible for waiver of interest, or penalty,… Read More »

Category: GST

Section 128A of CGST Act 2017 Waiver of interest or penalty or both relating to demands raised under section 73, for certain tax periods.

By | January 3, 2025

Section – 128A, Central Goods And Services Tax Act, 2017 Inserted by the Finance (No. 2) Act, 2024, w.e.f. 1-11-2024. [Waiver of interest or penalty or both relating to demands raised under section 73, for certain tax periods. 128A. (1) Notwithstanding anything to the contrary contained in this Act, where any amount of tax is payable by a… Read More »

Category: GST