Quick Summary
The Central Board of Indirect Taxes and Customs (CBIC) has taken a proactive step by issuing Notification No. 56/2023Central Tax on December 28, 2023. This notification aims to extend the time limit prescribed under Section 73(10) of the Central Goods and Services Tax Act, 2017 (the CGST Act). The extension specifically relates to the issuance of orders under Section 73(9) of the CGST Act, which plays a crucial role in the recovery process of taxes pertaining to the financial years 2018-19 an
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FAQ :
The CBIC has extended the time limit for issuing Show Cause Notices (SCNs) and passing orders under Section 73 of the CGST Act for tax recovery in non-fraud cases.
This extension covers the financial years 2018-19 and 2019-20.
The deadline for issuing orders for the financial year 2018-19 has been extended to April 30, 2024.
The deadline for issuing orders for the financial year 2019-20 has been extended to August 31, 2024.
No, this extension specifically applies to non-fraud cases.
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