Taxpayers Rejoice: New Section 128A Waives Interest and Penalties on Specific Tax Demands

Last updated: 28 September 2024

In a significant move aimed at alleviating tax burdens, the Central Goods and Services Tax (CGST) Act has introduced a new section, 128A, which offers considerable relief for taxpayers regarding tax liabilities incurred between July 1, 2017, and March 31, 2020. This amendment allows individuals faci

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