DRC -01 sec 74(1) provision sec 16 2(c) and 50(1) mentioned in notice
question:
both sections at a time applicable provision in gst act.
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DRC-01 sec 74(1) notice gst
Replies (1)
Yes can be issued.
Section 16(2), prescribes the condition to claim ITC & Section 50(1) prescribe interest payable on delay payment .
& for any demand or penalty is to be invoke the provsion Section 73 & 74 are invoked
Section 16(2), prescribes the condition to claim ITC & Section 50(1) prescribe interest payable on delay payment .
& for any demand or penalty is to be invoke the provsion Section 73 & 74 are invoked
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