tax payment

Reckless issuance of GST notices could result in litigations, CBIC urges warning

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The Central Board of Oblique Taxes & Customs (CBIC) has suggested its officers to keep away from issuing present trigger notices (SCNs) beneath GST recklessly, as it can result in litigations. This instruction has come as the brand new due date for issuing SCNs associated to FY19 approaches its finish on January 31, 2024. Final … Read more

Flurry of GST present trigger notices heading to companies for FY19, as deadline ends on Jan 31

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With the due date approaching, companies brace for a flurry of present trigger notices from GST officers for the Fiscal Yr 2018-19 concerning any doable shortfall in tax cost. Part 73 of GST Act offers with the willpower of tax not paid, or short-paid, or erroneously refunded, or enter tax credit score wrongly availed or … Read more