Please tell me about sec 73
keshavamurthy mb (159 Points)
23 July 2024
please send me any notification about sec 73 or GST interest and penalty waiver which year applicable
3 Replies
CA Anoop Kumar Sharma
(Accounts Manager)
(2070 Points)
Replied 23 July 2024
Only GST 53 meeting decision...not through notification
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13949 Points)
Replied 01 August 2024
Section 128A inserted vide Finance Bill 2024 containing amensty scheme for interest and penalty waiver.
CA Anoop Kumar Sharma
(Accounts Manager)
(2070 Points)
Replied 02 August 2024
Yes, the GST bill has been passed, but neither the amendment nor the notification has been issued yet under the GST Act. Everyone is waiting for this, hoping to see it implemented soon.
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