Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act

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This query is : Resolved

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This discussion addresses whether interest levied due to late GST deposits under the PGST/CGST Act can be waived. The user inquired about potential amnesty schemes or waivers for interest recoveries related to late payments in October and November 2021. The provided response indicates that there are currently no amnesty schemes or waivers available for such late deposit interest.

Jaswinder singh

Jaswinder singh (Querist)
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25 November 2024 Respected Colleagues,
Is levy of interest due to Late deposit of monthly tax is any chance of waiver?
Fact is - person received recovery as on 23.11.2024 from dept u/s 73_74 of PGST/CGST Act of Interest levy due to late deposit of GST belongs to Oct and Nov 2021, now my ques is there any amnesty scheme or waiver where we escape from that recovery from dept???