GST Demands and Recoveries: Navigating Through the Tides
Course Description
- The mechanism through which demand is derived by the Department on the taxpayer
- The established procedure prescribed by the law to determine the Demand
- How to defend the demand raised by the Department.
- The art of appearance before the tax authorities
- How to determine the validity of demand raised by the Department
- Consequences of non-payment of demand by the taxpayer
- Concept of provisional attachment under GST
- Garnishee proceedings under GST
- The mechanism of levy of penalties under GST
- Concept of dual penalties on an offence committed by the taxpayer
- Understanding various remedies available to the taxpayer against a particular demand
- Understanding effect of each available remedy and their repercussions.
Course Curriculum
- Demand through assessment order
- Demand through audits
- Demands pursuant to an investigation
- Demands through observations of Department
- Demand through investigations on 3 rd party.
- Misc Demands
- Provisional attachment under GST
- Challenge to provisional attachment under GST
- Consequences of non-compliance with demand orders
- Concept of deemed stay
- Option to pay GST in instalments
- Misc Demands
- Statutory provisions for penalties under GST
- Understanding quantum of penalties applicable under GST on various offences.
- Various remedies available against demand
- How to understand is a particular remedy can be exercised or not
- Understanding if the remedy would be effective
- Cautious exercise of remedies
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