Web12 jan. 2024 · Circular 185/17/2024-GST issued on 27th December 2024 clarified how and by when the tax officers can re-determine the tax, interest and penalty demand where there is no proper evidence of fraud, as a no-fraud case. The officer can issue notice u/s 74 to multiple persons for tax short paid or excess ITC claims by fraud. WebThe department has already started floating notices to demand GST. Some of the common areas of issues are listed as under: 1. Reversal of ITC difference not reflected in GSTR 2A (many times the GSTR-2A data is not updated or incorrect details); 2. GST on the difference between Turnovers declared in GSTR 1 and GSTR 3B (many times
GST - Precautions to be taken while responding to department
Webaccept the facts of SCN SCN received by Assessee Personal Hearing (Maximum 3 Adjournments) Demand is confirmed Extended Period – 5 years for CX & ST and 54 … Web10 okt. 2024 · Monetary limits have been also being prescribed vide Circular No. 31/05/2024-GST dated 09.02.2024 for officers of different designations to function as the proper officers in ... Within 30 days after the issuance of SCN: 25% of the tax amount: Within 30 days from the ... Section 44 of GST – Annual return under GST Act 2024; … a4 枚数 郵便料金
Guide on GST Invoice, Rules & Bill Format - ClearTax
Web22 nov. 2024 · The Central Board of Indirect Taxes and Customs (CBIC) has declared the decree on the issuance of Show Cause Notice ( SCNs) and adjudication method in the … Web20 aug. 2024 · Query-wise reply is as under :- 1. The department never issues intimation under Section 73 (5) or 74 (5) without any basis i.e. without investigation/scrutiny. The department can issue an intimation under Section 73 (5) or Section 74 (5) on the basis of records already available with the department. Web23 mrt. 2024 · An ambiguity has arisen among stakeholders and two School of Thoughts are developed regarding limitation period of compliances under GST Law like filing of Refund Claim Application, issuance of Show Cause Notice by department etc. Now, CBIC vide it’s Circular dated 20.07.2024 has clarified as under: a4 板目表紙