Waiver of interest and penalty for 17-18 and 18-19

Hai..

it was found that in 53rd gst council meet outcomes, there is a waiver for interest and penalty if the demand was settled for 17-18 and 18-19 cases on or before 31-mar-25,

what will be the treat if the interest and penalty already paid?
Replies (2)
Quick Summary
The 53rd GST council meeting announced a waiver for interest and penalties on demands for the 2017-18 and 2018-19 financial years, provided these are settled by 31st March 2025. For those who have already paid their interest and penalties, no further action is required as per current understanding. The outcome focuses on future settlements rather than refunds for past payments.

In the 53rd GST meeting, it was decided to waive interest and penalties up to March 31, 2020. However, no clarification were made regarding the treatment of interest or penalties already paid. Therefore, in my opinion, there is no action required concerning amounts already deposited.

Thanks sir

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